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Thursday, May 14, 2009

PowerGrid to raise up to Rs 3,000 cr

Power transmission company PowerGrid Corporation today said it will raise up to Rs 3,000 crore through issue of bonds by August this year.

"We would raise Rs 2,000 crore to Rs 3,000 crore through bonds by August," PowerGrid CMD S K Chaturvedi told reporters here.

The company had already raised Rs 2,000 crore by issuing bonds last month.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 04
19:30 ISM Services New Orders Index 2 46.4 52.3
19:30 ISM Services PMI 3 49.9 52.0 51.6
20:00 EIA Crude Oil Stocks Change 1 -4.304M -0.900M -2.795M
20:00 BoC Press Conference 3
23:30 Fed's Beige Book 2
Thursday, Jun 05
06:30 ANZ Commodity Price 1 0%
07:00 Imports (MoM) 2 -2.2%
07:00 Exports (MoM) 2 7.6%
07:00 Trade Balance (MoM) 3 6,100M 6,900M
11:15 Unemployment Rate s.a (MoM) 1 2.8% 2.8%
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