Power Grid Corporation of India Limited announced at the board meeting held on March 4, 2024, approved the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXVI (76th) Issue upto INR 12,000 million. Size of the issue: Base Issue Size: INR 4,000 million, Green Shoe Option: INR 8000 million and Total Issue Size: INR 12,000 million. Bonds are redeemable at par at the end of 10th year and interest payment on yearly basis.