New Delhi, April 4 -- Power Grid Corporation of India Ltd (POWERGRID) on Friday informed the stock exchanges that it plans to raise funds through a new bond issue.

The company announced the launch of its 81st bond issue, named POWERGRID Bonds-LXXXI (81st) Issue 2025-26. These bonds will be raised on a private placement basis and will be unsecured, non-convertible, non-cumulative, redeemable, and taxable.

It said "the 'Committee of Directors for Bonds' in their meeting held today i.e. on 04th April, 2025, has approved the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds-LXXXI (81st) Issue 2025-26 (for an amount upto Rs. 6,000 Crore) on Private Placement"

According to the company, the to...