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Power Grid Corporation of India secures term loan from ICICI Bank

Capital Market

For purpose of capital expenditure

Power Grid Corporation of India has entered into a term loan facility agreement for Rs 3270 crore with ICICI Bank on 29 September 2017 for the purpose of capital expenditure for expansion, renovation and setting up various on-going and new transmission projects in PowerGrid and in identified SPVs of PowerGrid.

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First Published: Sep 29 2017 | 6:20 PM IST

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