PGCIL-8.24%-14-2-29-PVTPGCIL-8.24%-14-2-29-PVTPGCIL-8.24%-14-2-29-PVT

PGCIL-8.24%-14-2-29-PVT

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Key terms


Outstanding amount
‪10.00 B‬INR
Face value
1,000,000.00INR
Minimum denomination
1,000,000.00INR
Coupon
8.24% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.68%
Maturity date
Feb 14, 2029
Term to maturity
4 years

About PGCIL-8.24%-14-2-29-PVT


Sector
Utilities
Industry
Alternative Power Generation
Home page
Issue date
Feb 14, 2019
ISIN
INE752E08551
Power Grid Corp. of India Ltd. is a holding company, which engages in the power transmission business. It operates through the following segments: Transmission Services, Consultancy Services, and Telecom Services. The Transmission Services segment refers to the transmission of bulk power across different states of India. The Consultancy Services segment includes planning design, engineering, load dispatch, OPGW on intra state transmission network, procurement management, operation, and maintenance, financing, and project management. The Telecom Services segment operates as a neutral carrier in the point-to-point bandwidth leasing business. The company was founded on October 23, 1989 and is headquartered in Gurgaon, India.
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