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India's Power Grid Corp plans to issue bonds worth up to ₹6,000 crore for project funding.
Power Grid Corporation of India plans to issue bonds worth up to ₹6,000 crore to raise funds for its projects.
The bonds, named POWERGRID Bonds-LXXXI (81st) Issue 2025-26, will be issued privately, with a base size of ₹1,500 crore and a potential extra ₹4,500 crore.
They are unsecured, non-convertible, and will pay interest annually for 10 years before being redeemed at par.
The move aims to attract long-term investors seeking steady returns.
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Power Grid Corp de la India planea emitir bonos por un valor de hasta 6.000 crores para la financiación de proyectos.