26-Jun-2026 15:32:23

POWERGRID : INVESTMENT APPROVAL FOR UPGRADATION WORTH RS 772.65 CR

• Investment approval for "Upgradation / Conversion of Udumalpet – Madurai 400kV S/c line to Udumalpet - Madurai 400kV (quad) D/c line" • Estimated cost of ₹772.65 Crore • Scheduled to be implemented within 30 months from the date of allocation i.e. by 11th August, 2028 • Board also approved raising foreign currency funds through External Commercial Borrowings (ECB) up to USD five hundred million ($500 mn) from Bank of Baroda • Board also approved proposal for enhancement of borrowing limits from ₹1,80,000 Crore to ₹2,20,000 Crore subject to shareholders' approval at ensuing AGM

Power Grid Corporation of India Ltd

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