POWERGRID Announces Bond Issue of Up to ₹50 Billion
The bonds have a base issue size of ₹10 billion and a greenshoe option of ₹40 billion
October 22, 2024
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Government-owned transmission utility Power Grid Corporation of India (POWERGRID) has approved the issuance of bonds worth up to ₹50 billion (~$594.7 million) on a private placement basis.