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.

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