Global Infrastructure SherpaPower Grid Corporation of India Limited approves ₹5,000 crore rupee term loan for ongoing projects and a partnership for transmission infrastructure in Uganda
USD5000M
Deal Value
Power Grid Corporation of India Limited's Board of Directors approved raising ₹5,000 crore through a rupee term loan to support ongoing projects. The company also sanctioned ₹233.96 crore for a cybersecurity operations center and decided to divest from Central Transmission Utility of India Limited, enhancing international collaborations in Uganda for transmission infrastructure.
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Counterparts (2)
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Power Grid Corporation of India is shoring up its domestic operations with a fresh ₹5,000 crore rupee term loan, earmarked for ongoing projects, alongside a ₹233.96 crore investment in a new cybersecurity operations center. This internal strengthening is paired with a strategic restructuring, as the company plans to divest from Central Transmission Utility of India Limited. Simultaneously, PGCIL is expanding its international footprint, forging new transmission infrastructure partnerships in Uganda.
- ₹5,000 crore rupee term loan secured for ongoing projects.
- ₹233.96 crore allocated for a new cybersecurity operations center.
- Decision to divest from Central Transmission Utility of India Limited.
- New transmission infrastructure partnership in Uganda.
Timeline
Announced
Mar 9, 2026
Signed
Closed
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