Power Grid Corporation of India raises Rs 4,000 crore from State Bank of India through an unsecured rupee term loan. This funding will support its operations and expansion plans.
Amount Raised
₹40 Billion
Round Type
Debt Financing
IndiaEnergyRenewable EnergyInvestors
Description
Power Grid Corporation of India has received approval from its board to raise up to Rs 4,000 crore from State Bank of India through an unsecured loan. This move is part of the company's strategy to enhance its financial resources. The funds are intended for operational and expansion purposes. Powergrid is the largest electric power transmission utility in India.
Quick answer
Power Grid Corporation of India raised ₹40 Billion in a Debt Financing round, dated April 30, 2026. Investors: State Bank Of India. Power Grid Corporation of India is based in India.
- How much did Power Grid Corporation of India raise?
- Power Grid Corporation of India raised ₹40 Billion in a Debt Financing round on April 30, 2026.
- Who invested in Power Grid Corporation of India?
- State Bank Of India is named as investors in this round.
- What does Power Grid Corporation of India do?
- Power Grid Corporation of India is a central transmission utility of India, owned by the Government of India.
- Where is Power Grid Corporation of India based and how big is it?
- Power Grid Corporation of India is based in India.
- Who are the decision-makers at Power Grid Corporation of India?
- Fundz holds 1 contact at Power Grid Corporation of India, including the Chief Manager. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Power Grid Corporation of India that raised within 45 days of this round, from Fundz verified event records.
- Hygenco Green Energies raised $105M (Funding Round) on June 12, 2026.
- Beta Fusion raised an undisclosed amount (Seed) on June 11, 2026.
- Endurance Energy raised $54M (Funding Round) on June 11, 2026.
- Eclipse raised $23M (Funding Round) on June 10, 2026.
- Gridi raised an undisclosed amount (Debt Financing) on June 9, 2026.
- Granarium Technologies raised $1.2M (Pre-Seed) on June 9, 2026.
Who to call at Power Grid Corporation of India, and when
A new round usually means Power Grid Corporation of India is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Power Grid Corporation of India raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Power Grid Corporation of India, from your own LinkedIn network
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