i Develop Stocks Advisory: PowerGrid to raise up to Rs 3,000 cr

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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Thursday, May 14, 2009

PowerGrid to raise up to Rs 3,000 cr

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