POWERGRID to Raise ₹50 Billion Loan, Divest Stake in CTUIL

The company will develop a transmission project in Uganda

March 10, 2026

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Audio

Save

Powergrid Corporation of India’s (POWERGRID) board has approved raising up to ₹50 billion (~$541.45 million) through an unsecured rupee term loan or line of credit from the Union Bank of India.

ℹ️ This article is free for registered users. Sign in to continue reading.

Sign In to Continue Reading

Create a free account to access the full article and exclusive features from Mercom India's renewable energy coverage.

✓Access to free articles and news

✓Save articles for later reading

✓Personalized content recommendations

✓Newsletter subscriptions

Already a subscriber? Sign In

Rakesh Ranjan

Get the most relevant India solar and clean energy news.

POWERGRID to Raise ₹50 Billion Loan, Divest Stake in CTUIL

Sign In to Continue Reading

Get the most relevant India solar and clean energy news.

RECENT POSTS