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Akshay Patel

9th Mar · SEBI-Registered Analyst

POWERGRID
Approves ₹5,000 crore Loan and Substation Security Project The Power Grid Corporation of India Ltd's board approved a ₹5,000 crore loan from Union Bank of India, a ₹233.96 crore investment in a security center, and divesting equity in Central Transmission Utility of India Ltd. The company also signed a framework agreement with Africa50 and Uganda Development Bank to develop a transmission project in Uganda. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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