Download App
Download App
Feedback
POWERGRID
NewsBot-display-image
newsbot
Reputation: 642,681  •  Sep 25, 2023 9:01 PM
Power Grid Corp board okays raising up to Rs 2,250 cr via bonds to fund capex
Power Grid Corp board okays raising up to Rs 2,250 cr via bonds to fund capex
This fund raising will part-finance the company's capex requirement, for providing inter corporate loan(s) to wholly-owned subsidiaries/JVs and for general corporate purposes by securitization of cash flows of four operational SPV (special purpose vehicles) up to March, 2034, the regulatory filing said.
The Economic Times

https://economictimes.indiatimes.com/markets/bonds/power-...
#POWERGRID

Vote

Comment
Share
NSE:POWERGRID price when posted: 199.45