POWERGRID raises ₹50 billion via 10-year bond issue

POWERGRID raises ₹50 billion via 10-year bond issue. The funds will be used for refinancing debt and funding ongoing transmission projects. The bond has a 10-year tenure, signaling long-term capital commitment. This move strengthens its balance sheet ahead of future capex cycles.

📊 STOCKS: $POWERGRID | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #DebtRaising