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- Power Grid Corporation of India's board has approved a plan to raise up to Rs 5,000 crore through bonds.
- The bonds will run for 10 years from the deemed date of allotment.
- Redemption payments will be made annually starting from the end of the fourth year.
- The large fundraise will help Power Grid arrange long-term money for its operations and growth plans.
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Named India · Power Grid Corporation of India
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