Powergrid to raise Rs 1,200 crore via bonds
"The Committee of Directors for Bonds approved the raising of bonds as unsecured, non-convertible, non-cumulative, redeemable, taxable Powergrid bonds - LXXVI (76th) issue up to Rs 1,200 crore," the company said in an exchange filing.
![Powergrid to raise Rs 1,200 crore via bonds](https://cdn.zeebiz.com/sites/default/files/2024/03/04/282956-wejhqdzygznupe5gfb7yph57ve-1.jpg?im=FitAndFill=(1200,900))
Powergrid, under the Ministry of Power, is India's largest electric power transmission utility with 1,76,762 ckm of transmission lines. Image Courtesy: Reuters.