POWERGRID plans ₹50 billion bond issue for 2026-27
after close1 source ↓written by the desknot a recommendation
- plans to raise
- ₹50 billion
- for the fiscal
- 84th bond issue
- and a greenshoe
- ₹10 billion
- greenshoe option
- ₹40 billion
The Power Grid Corporation of India plans to raise ₹50 billion through its 84th bond issue for the fiscal year 2026-27. The offering includes a base size of ₹10 billion and a greenshoe option of ₹40 billion. This move aims to strengthen its capital structure and support ongoing projects.
The bond issue may enhance liquidity in the market and attract investor interest, potentially impacting the power sector positively.
Not investment advice. For informational purposes only.