New Delhi: Power Grid Corporation of India Limited (PGCIL), a Maharatna Central Public Sector Enterprise under the Ministry of Power, has announced that a meeting of its “Committee of Directors for Bonds” is scheduled to be held on August 5. The meeting will deliberate on the proposal to issue Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds as part of its “POWERGRID Bond – LXXXII (82nd) Issue” under private placement mode.
The proposed issuance is aligned with the company’s ongoing efforts to raise capital for its operational and expansion requirements in the current financial year 2025-26. The bonds, if approved, will form part of Power Grid’s structured financial strategy aimed at maintaining robust liquidity while supporting its aggressive infrastructure development plans in the power transmission sector.
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