Powergrid board approves proposal to raise Rs 4,000 cr from SBI
Published on: April 30, 2026, 1:55 p.m. | Source: The Economic Times
Power Grid Corporation of India has secured a significant financial boost. Its board approved raising up to Rs 4,000 crore. This funding will come from the State Bank of India through a bank facility. Powergrid, a key player under the Ministry of Power, is India's largest electric power transmission utility. This move strengthens its financial position for future operations.
