VERIFIEDET Finance·26 Jun 2026neutral

Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crore

AI Summary

·Power Grid Corporation's board has approved increasing its borrowing limit to Rs 2.2 lakh crore, subject to shareholder approval.
·The company intends to raise $500 million through External Commercial Borrowings.
·An investment of Rs 772.65 crore has been approved for a transmission line upgrade, with a 30-month completion timeline.