New Delhi, April 4 -- Power Grid Corporation of India Limited (POWERGRID) has announced the issuance of unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds under the POWERGRID Bonds-LXXXI (81st) Issue for 2025-26. The bond issuance has been approved by the Committee of Directors for Bonds in a meeting held on April 4, 2025. The total issue size is set at Rs.6,000 crore, comprising a base issue size of Rs.1,500 crore and a green shoe option of Rs.4,500 crore.

These bonds are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), ensuring liquidity and transparency for investors. The bonds will have a tenure of ten years and will be redeemable at par at the end of this period. ...