Economic TimesLean R·
Power Grid raises borrowing limit to ₹2.2 lkh cr
New Delhi: State-owned Power Grid Corporation on Friday said its board has approved the proposal to raise its borrowing limit to Rs 2.2 lakh crore from Rs 1.8 lakh crore.The board, in its meeting held on Friday, also approved the proposal of raising foreign currency funds through External Commercial Borrowings (ECB) up to $500 million from Bank of Baroda, a regulatory filing stated.According to the regulatory filing, the board approved a proposal for the enhancement of borrowing limits from Rs …
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