Power Grid Corporation of India informed that the Committee of Directors for Bonds, in their meeting held today i.e. on 24th March, 2023, have approved the raising of Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds-LXXII (72nd) Issue 2022-23 on Private placement upto Rs. 600 cr, via an exchange filing.
The issue is by securitization of cashflows of 10 years i.e. till FY 2032-33 of its operational SPV viz. “POWERGRID NM Transmission Limited (PNMTL)”.
The disclosure is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ailing Hospitals Part 9: Overburdened And Understaffed, Cooper Hospital In Western Suburbs Crippled
Mumbai News: BMC Approves ₹2,368 Crore Deonar Landfill Bioremediation Contract At 3% Higher Cost
Mumbai Sessions Court Grants Anticipatory Bail To Thane Resident In ₹10 Crore Gold Investment Fraud Linked To Dabba Trading
Mumbai special PMLA Court Rejects Bail Plea Of Ex-Axis Mutual Fund Manager Viresh Joshi In ₹91 Crore Front Trading Case
