The board of directors of Power Grid Corporation of India Limited (POWERGRID) has approved the enhancement of the company’s borrowing limit for FY 2026-27 from Rs 300 billion to Rs 350 billion.
In addition, the board has approved a proposal to raise up to Rs 350 billion for FY 2027-28 through various sources, including domestic bonds. These may comprise secured or unsecured, non-convertible, cumulative or non-cumulative, redeemable, taxable or tax-free bonds issued through private placement.