India: Power Grid enters Rs 3,270 crore term loan pact with ICICI Bank

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NEW DELHI: State-run Power Grid Corp today said it has entered into a term loan facility agreement with ICICI Bank for Rs 3,270 crore. Power Grid Corp, the central power transmission utility, has an ambitious investment plan and has budgeted capital expenditure (CAPEX) including investment in joint venture and subsidiaries of more than Rs 25,000 crore during 2017-18. Read more

The Economic Times