Power Grid Share Price in Focus; To Raise Up to ₹3,800 Crore via Bond Issuance

Power Grid Corporation of India Limited, a Maharatna CPSU and the country’s largest power-transmission utility, has announced its committee of directors has sanctioned a fresh bond issuance programme of up to ₹3,800 crore.  

The move comes as the firm seeks long-term funds to support its capital-expenditure plans in strengthening the national transmission grid. 

Key Development: Bond Raise Details 

According to the exchange filing, the offering will comprise a base issue of ₹1,000 crore alongside a green-shoe option of ₹2,800 crore, bringing the maximum mobilisation to ₹3,800 crore. These bonds will be issued on a private-placement basis, listed on BSE and NSE, redeemable at par across 10 equal annual instalments, with interest paid annually.  

The coupon will be determined through bidding on an Electronic Book Provider (EBP) platform. The company also confirmed that no defaults or payment delays exist on prior securities. 

Power Grid Q2FY26 Earnings Results 

In its Q2 FY26 results, Power Grid reported a net profit of ₹3,566 crore, down 6% from ₹3,793 crore the prior year, while revenues from operations rose 1.8% year-on-year to ₹11,476 crore from ₹11,278 crore.  

Operating profit (EBITDA) fell to ₹9,114 crore from ₹9,701 crore, with margins contracting to 79.4% from 86%. The bond raising is part of the firm’s strategy to secure low-cost long-term funding amid the capex-intensive nature of its business. 

Read More: Power Grid Secures ₹3,375 Crore Projects to Boost Transmission & Renewable Integration! 

Power Grid Share Performance  

As of November 18, 2025, at 2:45 PM, the Power Grid share price is trading at ₹275.20 per share, reflecting a surge of 0.26% from the previous day's closing price. 

Conclusion 

Power Grid’s decision to raise up to ₹3,800 crore through a structured bond issue reflects its proactive approach to financing its grid expansion and infrastructure upgrade agenda. By locking in long-term funds and offering 10-year annual amortisation, the company aims to match its asset-liability profile more closely and reinforce its financial stability.  

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