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Powergrid board clears Rs 4000 crore SBI funding to strengthen power transmission finances
Economy
Published on 30 April 2026
SBI will bankroll up to Rs 4,000 crore—what it means next
Power Grid Corporation of India says its board has approved raising up to Rs 4,000 crore through a bank facility with State Bank of India. As the country’s largest electricity transmission utility under the Ministry of Power, the funding is aimed at improving liquidity and strengthening its financial position for ongoing and future operations.
- Powergrid board approved raising up to Rs 4,000 crore
- Funds will come via a SBI bank facility
- The move supports stronger financial positioning for operations
- Powergrid is India’s largest electric power transmission utility
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times