POWERGRID Approves Rs. 5,000 Crore Loan, Invests in Security Operations Center, and Eyes Strategic Alliance in Uganda

Power Grid Corporation of India Ltd, in its Board Meeting on 09th March, 2026, approved several key decisions. The company has been given the go-ahead to raise funds up to Rs. 5,000 Crore through an Unsecured Rupee Term Loan / Line of Credit from Union Bank of India. POWERGRID also approved an investment of ₹233.96 Crore for the establishment of a 'Centralized Security Operations Center for Substations — OT SOC'. Furthermore, the Board granted in-principle approval for the divestment of its entire equity stake in Central Transmission Utility of India Limited (CTUIL) to Grid Controller of India Limited (GRID-INDIA). Lastly, POWERGRID's Board approved entering into a strategic alliance with Africa50 and Uganda Development Bank (UDB) and signing a Framework Agreement for the development of a Transmission Project in Uganda under the Independent Power Transmission (IPT) Model.