ReferIndia News POWERGRID Board Approves Rs 4,000 Crore Loan from State Bank of India

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POWERGRID Board Approves Rs 4,000 Crore Loan from State Bank of India

Published on: May 1, 2026, 9:42 a.m. | Source: scanx.trade

Power Grid Corporation of India's board of directors approved a significant funding arrangement worth Rs 4,000 crore through an unsecured rupee term loan or line of credit facility from State Bank of India. The approval was granted during a board meeting held on April 30, 2026, and the company has maintained regulatory compliance by informing stock exchanges as per SEBI requirements.

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