Power Grid approves GID for debentures on private placement

0 min read Updated on 27 Jun 2026, 06:23 AM

Reviewed by

Ashish TScanX News Team

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Power Grid Corporation of India Ltd's Committee of Directors for Bonds approved the General Information Document (GID) for the issuance of debentures on a private placement basis for the fiscal year 2026-27. The debt securities will be issued in one or more tranches or through one or more issuances. The decision was taken during the committee meeting held on June 26, 2026.

*this image is generated using AI for illustrative purposes only.

The meeting commenced at 3:00 P.M. and concluded at 3:30 P.M. The disclosures were submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Anjana Luthra, Company Secretary & Compliance Officer, signed the regulatory filing submitted to the National Stock Exchange of India Limited and BSE Limited.

Approval	Details
Instrument	Debentures (Debt Securities)
Basis	Private Placement
Fiscal Year	2026-27
Committee	Committee of Directors for Bonds

The approval of the GID facilitates the company's ability to raise debt capital through private placements, supporting its financial flexibility for the upcoming fiscal year.

Historical Stock Returns for Power Grid Corporation of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.35%	-1.32%	-3.54%	+6.29%	-1.91%	+119.41%

What specific capital projects or expansion initiatives will the funds raised through these debentures primarily support?

How will the coupon rates for these private placement debentures compare to current market yields for similar tenures?

What is the anticipated timeline for the first tranche issuance, and how will it impact Power Grid's debt-to-equity ratio?

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Power Grid wins order to establish Inter-State Transmission System

0 min read Updated on 17 Jun 2026, 04:23 PM

Reviewed by

Anirudha BScanX News Team

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Power Grid Corporation of India has been declared the successful bidder for the WR-ER Inter-Regional Network Expansion Scheme Part-A under Tariff Based Competitive Bidding (TBCB). The project involves establishing an Inter-State Transmission System on a Build, Own, Operate, and Transfer (BOOT) basis, with the Letter of Intent received on June 16, 2026. The scope includes establishing two new 765/400kV Sub-stations in Jharkhand and Chhattisgarh, extending existing Sub-stations in Chhattisgarh and West Bengal, and constructing transmission lines traversing Jharkhand, Chhattisgarh, and Odisha.

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Power Grid Corporation of India has been declared the successful bidder to establish an Inter-State Transmission System for the WR-ER Inter-Regional Network Expansion Scheme Part-A under Tariff Based Competitive Bidding (TBCB). The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. The company received the Letter of Intent (LoI) on June 16, 2026, confirming the award.

Project Scope

The project encompasses the establishment of two new 765/400kV Sub-stations located in Jharkhand and Chhattisgarh. Additionally, the scope includes the extension of existing Sub-stations in Chhattisgarh and West Bengal.

Transmission Infrastructure

The initiative involves the construction of 765kV and 400kV transmission lines. These lines will traverse through the states of Jharkhand, Chhattisgarh, and Odisha, connecting the regional networks to enhance grid capacity.

Project Component	Location
New 765/400kV Sub-station	Jharkhand
New 765/400kV Sub-station	Chhattisgarh
Extension of Sub-station	Chhattisgarh
Extension of Sub-station	West Bengal
765kV & 400kV Transmission Lines	Jharkhand, Chhattisgarh, Odisha