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Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh cr
The board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore, subject to shareholder consent. Furthermore, the company intends to obtain USD 500 million in foreign currency resources via External Commercial Borrowings. The board has also sanctioned an investment of Rs 772.
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economictimes.indiatimes.com
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Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crore
Power Grid Corporation's board has greenlit a significant increase in its borrowing limit to Rs 2.2 lakh crore, pending shareholder approval. Additionally, the company plans to…
- ·
Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh cr
The board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore, subject to shareholder consent.…