Power Grid to raise Rs 30,000 crore this fiscal year
Power Grid: This compares with the company’s total borrowing target of Rs 26,000 crore in previous two financial years (FY17-FY18) comprising of Rs 14,000 crore to be raised as bonds and remaining, Rs 12,000 crore, as long-term loans.
Power Grid: The power transmission operator’s long-term borrowing programme worth Rs 30,000 crore has been rated “AAA” by CRISIL. Image source: Reuters