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18 March, 2018 03:40 IST
PGCIL enters into term loan facility agreement with SBI for Rs 50 bn
Source: IRIS | 13 Mar, 2018, 09.07AM
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Power Grid Corporation of India (PGCIL) has entered into a term loan facility agreement for Rs 50 billion with State Bank (Q,N,C,F)* of India (SBI), 2018 for meeting capital expenditure for expansion / renovation and setting up various undergoing and new transmission and other projects in the company and in identified SPVs / JVs of the company.

Shares of the company gained Rs 0.05, or 0.03%, to settle at  Rs 194.90.  The total volume of shares traded  was  590,742 at the BSE (Monday).

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