Power Grid Corporation of India Ltd. , a key player in the Indian power sector, has recently been in the spotlight for two significant financial developments.

Major Block Trade on NSE

Power Grid Corporation of India Ltd. witnessed a substantial block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 43.32 crore, involved approximately 1,523,439 shares changing hands at a price of Rs. 284.35 per share. This block trade indicates significant investor interest in the company's stock.

Approval of Bond Issue

In a separate development, Power Grid Corporation has taken steps to strengthen its financial position. The company's 'Committee of Directors for Bonds' has approved the raising of bonds through a private placement. Here are the key details of the approved bond issue:

Bond Issue Details

• Issue Name: POWERGRID Bonds - LXXXII (82nd) Issue 2025-26
• Nature of Bonds: Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable
• Issue Size:
  • Base Issue: Rs. 1,000.00 crore
  • Green Shoe Option: Rs. 4,000.00 crore
  • Total Issue Size: Rs. 5,000.00 crore
• Listing: To be listed on BSE and NSE
• Tenure: 10 years, redeemable at par at the end of the term
• Interest Payment: Yearly basis

The bonds will be unsecured, and the coupon rate will be determined after bidding at the Electronic Book Provider (EBP) Platform. The company has confirmed that there are no special rights, interests, or privileges attached to these instruments.

Power Grid Corporation's decision to raise funds through this bond issue could be aimed at supporting its ongoing projects and operations in the power transmission sector.

The approval for the bond issue came during a meeting of the Committee of Directors for Bonds, which commenced at 12:10 P.M. and concluded at 12:50 P.M.

These developments - the significant block trade and the approval of a substantial bond issue - underscore Power Grid Corporation's active financial management and its continued relevance in the Indian power sector.

Power Grid Corporation of India Limited (POWERGRID), a leading electric power transmission company, has announced a significant move in its financial strategy. The company's Committee of Directors for Bonds has approved raising up to Rs 5,000 crore through the issuance of bonds.

Bond Issue Details

The 82nd bond issue, approved on August 5, 2025, has the following key features:

• Base Issue Size: Rs 1,000.00 crore
• Green Shoe Option: Rs 4,000.00 crore
• Total Issue Size: Up to Rs 5,000.00 crore
• Type: Unsecured, non-convertible, non-cumulative, redeemable, taxable bonds
• Placement: Private placement basis
• Tenure: 10 years
• Interest Payment: Annual
• Redemption: At par at maturity
• Listing: To be listed on BSE and NSE

Financial Implications

This bond issue is part of POWERGRID's strategy to raise funds for its ongoing and future projects. The decision to opt for a private placement suggests the company's confidence in attracting institutional investors.

Market Impact

The announcement is likely to be viewed positively by the market, as it demonstrates POWERGRID's ability to access capital for its operations and expansion plans. The green shoe option of Rs 4,000.00 crore provides flexibility to the company to raise additional funds if there's strong investor demand.

Regulatory Compliance

In compliance with SEBI regulations, POWERGRID has disclosed that the bonds will be unsecured and redeemable at par. The company has also confirmed that there are no special rights or privileges attached to these bonds.

Looking Ahead

The coupon rate and specific interest payment schedule will be determined through a bidding process on the Electronic Book Provider platform. This approach allows the company to gauge market demand and potentially secure favorable terms.

POWERGRID's move to raise funds through bonds comes at a time when infrastructure development, particularly in the power sector, remains a key focus area for India. The successful placement of these bonds could provide the company with the necessary capital to strengthen its position in the power transmission sector.

Investors and market analysts will be keenly watching the outcome of this bond issue, as it could provide insights into the appetite for infrastructure-related debt instruments in the current market scenario.