Power Grid Corporation Of India informs about outcome of committee meet

India, March 24 -- In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Power Grid Corporation Of India has informed the Committee of Directors for Bonds, in their Meeting held today on 24th March, 2023, have approved the raising of Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds-LXXII (72nd) Issue 2022-23 on Private placement up to Rs 600 Crore by securitization of cashflows of 10 years till FY 2032-33 of its operational SPV 'POWERGRID NM Transmission (PNMTL)'. The other information as per SEBI Circular dt. 09.09.2015 are enclosed. The meeting of Committee of Directors for Bonds commenced at 10:00 am and concluded at 10:20 am.

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