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The Economic Times

Economy / The Economic Times

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Powergrid board approves proposal to raise Rs 4,000 cr from SBI

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.

30 Apr 2026 1:55 pm