Power Grid Corporation of India Plans to Raise USD2.99 Billion in Private Placement of Bonds

Published: Aug 22 2017
Deal Summary

Power Grid Corporation of India Ltd., a power transmission company, intends to raise INR200,000 million (USD2,992 million), in a private placement of bonds.

The company intends use the proceeds from the offering to part-fund its capital expenditure in the year 2018. On October 3, 2017, Power Grid Corporation has got shareholders approval for the private placement of bonds.

You can receive free Daily detailed “Deals Analysis Alerts” delivered directly to your
inbox – sign up below:

* Indicates Mandatory
*Name:  
*Company:  
*Email:    
*Country:  
*Phone Number:          
Comments:
  captcha refresh
Enter Captcha Code:    

Send to friend

*Your EmailID:    
Message:
*Friend's EmailID:    
  captcha refresh
Enter Captcha Code: