StockWatch
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Power - Transmission
Loan & Debt26 Sept 2026, 05:00 pm

Power Grid Corp to raise up to ₹10,000 Cr via SBI loan

AI Summary

Power Grid Corporation of India Ltd announced that its Board of Directors has approved the raising of funds through an Unsecured Rupee Term Loan or Line of Credit from the State Bank of India. The facility is for an amount of up to ₹10,000 Crore. The board meeting took place on September 26, 2026, commencing at 12:15 P.M. and concluding at 1:30 P.M.

Key Highlights

  • Board approved fund raising via unsecured loan facility.
  • Loan amount up to ₹10,000 Crore from State Bank of India.
  • Facility is a Rupee Term Loan or Line of Credit.
  • Board meeting held on September 26, 2026.