PGCIL Seeks Shareholders’ Permission to Raise ₹200 Billion in FY20
The amount will be raised through bonds or debentures
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The Power Grid Corporation of India Limited (PGCIL), a state-owned electric utility company, has asked for the approval of its shareholders to raise ₹200 billion (~$2.84 billion) through bonds or debentures on private placement basis in 2019-20, according to its BSE filing.
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Nitin Kabeer
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