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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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Powergrid board approves proposal to raise ₹4,000 crore f...
2026-04-30 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
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“The Board of Directors approved raising up to ₹4,000 crore through an unsecured loan/line of credit from State Bank of India,” the company informed exchanges

By PTI

Updated - April 30, 2026 at 03:38 PM.

| New Delhi

State-owned Power Grid Corporation of India on Thursday said its board has approved a proposal to raise up to ₹4,000 crore from public lender State Bank of India (SBI).

"The Board of Directors...considered and approved the raising of funds through unsecured rupee term loan/ line of credit (bank facility) of up to ₹4,000 crore from State Bank of India," the company informed exchanges.

Under the Ministry of Power, Power Grid Corporation of India (Powergrid) is India's largest electric power transmission utility.

Published on April 30, 2026

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