Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is an Indian company in the power industry with 28 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.05% to 9.35% a year. Maturity dates run from 9 Mar 2027 to 29 Sep 2036. NSDL records 9 of the 28 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 23 Apr 2026); ICRA AAA (Stable) (action dated 22 Apr 2026); CRISIL AAA (Stable) (action dated 22 Apr 2026). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Power Grid Corporation of India Limited
CIN
L40101DL1989GOI038121
LEI
3358009SHWZ3DZEQ4Z56
Industry
Power
Business
Power - Transmission
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE752E
Outstanding bonds (ISINs)
28 (plus 2 matured)
Stated coupons (fixed rate)
6.05% – 9.35%
Maturity dates
9 Mar 2027 – 29 Sep 2036
Secured (NSDL)
9 of 28
Combined issue size of outstanding bonds
₹59,436 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Power Grid Corporation of India bonds: ISIN, coupon and maturity

28 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE752E07JN1 Bond (NCD) 9.25% Yearly 9 Mar 2012 9 Mar 2027 ₹10,00,000 855 Secured None recorded BSE CRISIL AAA 19 May 2011
INE752E07OE0 Bond (NCD) 7.89% Yearly 9 Mar 2017 9 Mar 2027 ₹10,00,000 2,060 Secured None recorded — CRISIL AAA 3 Mar 2017
INE752E08668 Bond (NCD) 6.05% Yearly 25 Mar 2022 25 Mar 2027 ₹10,00,000 530 Unsecured None recorded — CRISIL AAA 25 Mar 2022
INE752E07MT2 Bond (NCD) 8.4% Yearly 27 May 2015 27 May 2027 ₹10,00,000 244 Secured None recorded BSE CRISIL AAA 23 May 2015
INE752E07OF7 Bond (NCD) 7.3% Yearly 19 Jun 2017 19 Jun 2027 ₹10,00,000 3,070 Secured None recorded — CRISIL AAA 9 Jun 2017
INE752E07OG5 Bond (NCD) 7.2% Yearly 9 Aug 2017 9 Aug 2027 ₹10,00,000 3,060 Secured None recorded — CRISIL AAA 13 Jul 2017
INE752E07IX2 Bond (NCD) 9.35% Yearly 29 Aug 2011 29 Aug 2027 ₹10,00,000 206 Secured None recorded BSE CRISIL AAA 19 May 2011
INE752E07LC0 Bond (NCD) 8.7% Yearly 15 Jul 2013 15 Jul 2028 ₹10,00,000 1,322 Secured None recorded BSE CRISIL AAA 5 Oct 2013
INE752E07OH3 Bond (NCD) 8.36% Yearly 7 Jan 2019 6 Jan 2029 ₹6,00,000 2,000 Secured None recorded — CRISIL AAA 5 Dec 2018
INE752E08551 Bond (NCD) 8.24% Half-yearly 14 Feb 2019 14 Feb 2029 ₹10,00,000 3,488 Unsecured None recorded — CRISIL AAA 1 Feb 2019
INE752E07IZ7 Bond (NCD) 9.35% Yearly 29 Aug 2011 29 Aug 2029 ₹10,00,000 206 Secured None recorded BSE CRISIL AAA 19 May 2011
INE752E08627 Bond (NCD) 6.35% Yearly 8 Jan 2020 12 Apr 2030 ₹10,00,000 200 Unsecured None recorded — CRISIL AAA 18 Dec 2019
INE752E08650 Bond (NCD) 6.28% Yearly 5 Aug 2020 11 Apr 2031 ₹10,00,000 500 Unsecured None recorded — CRISIL AAA 13 Jul 2020
INE752E08676 Bond (NCD) 7.4% Quarterly 17 Feb 2023 17 Feb 2033 ₹65,000 2,120 Unsecured None recorded — CRISIL AAA 3 Feb 2023
INE752E08684 Bond (NCD) 7.52% Quarterly 23 Mar 2023 23 Mar 2033 ₹67,500 867 Unsecured None recorded — CRISIL AAA 1 Mar 2023
INE752E08692 Bond (NCD) 7.56% Quarterly 31 Mar 2023 31 Mar 2033 ₹67,500 425 Unsecured None recorded — CRISIL AAA 1 Mar 2023
INE752E08700 Bond (NCD) 7.5% Yearly 24 Aug 2023 24 Aug 2033 ₹70,000 1,250 Unsecured None recorded — CRISIL AAA 9 Aug 2023
INE752E08718 Bond (NCD) 7.7% Yearly 12 Oct 2023 12 Oct 2033 ₹70,000 2,250 Unsecured None recorded — CRISIL AAA 12 Sep 2023
INE752E08726 Bond (NCD) 7.65% Yearly 11 Jan 2024 11 Jan 2034 ₹80,000 2,200 Unsecured None recorded NSE CRISIL AAA 11 Dec 2023
INE752E08734 Bond (NCD) 7.35% Yearly 12 Mar 2024 12 Mar 2034 ₹1,00,000 1,200 Unsecured None recorded — CRISIL AAA 1 Mar 2024
INE752E08742 Bond (NCD) 7.55% Yearly 23 Apr 2024 23 Apr 2034 ₹80,000 3,000 Unsecured None recorded — CRISIL AAA 11 Apr 2024
INE752E08759 Bond (NCD) 7.38% Yearly 23 Jul 2024 23 Jul 2034 ₹80,000 2,705 Unsecured None recorded NSE CRISIL AAA 11 Apr 2024
INE752E08767 Bond (NCD) 7.08% Yearly 25 Oct 2024 25 Oct 2034 ₹1,00,000 5,000 Unsecured None recorded NSE CRISIL AAA 4 Sep 2024
INE752E08775 Bond (NCD) 7.12% Yearly 24 Dec 2024 24 Dec 2034 ₹1,00,000 3,975 Unsecured None recorded NSE CRISIL AAA 16 Dec 2024
INE752E08783 Bond (NCD) 6.94% Yearly 15 Apr 2025 15 Apr 2035 ₹1,00,000 6,000 Unsecured None recorded NSE CRISIL AAA 4 Apr 2025
INE752E08791 Bond (NCD) 6.98% Yearly 12 Aug 2025 12 Aug 2035 ₹1,00,000 5,000 Unsecured None recorded NSE CRISIL AAA 4 Apr 2025
INE752E08809 Bond (NCD) 7.02% Yearly 12 Dec 2025 12 Dec 2035 ₹1,00,000 3,704 Unsecured None recorded NSE CRISIL AAA 5 Dec 2025
INE752E08817 Bond (NCD) 7.74% Yearly 29 Sep 2026 29 Sep 2036 ₹1,00,000 2,000 Unsecured None recorded NSE CRISIL AAA 22 Apr 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Power Grid Corporation of India credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE AAA Stable Reaffirm 23 Apr 2026 28 Checked 7 Nov 2026
ICRA AAA Stable Reaffirm 22 Apr 2026 28 Checked 7 Nov 2026
CRISIL AAA Stable New 22 Apr 2026 28 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
23 Apr 2026 CARE AAA Stable Reaffirm
22 Apr 2026 ICRA AAA Stable Reaffirm
22 Apr 2026 CRISIL AAA Stable New
18 Dec 2025 ICRA AAA Stable Reaffirm
5 Dec 2025 CRISIL AAA Stable New
21 Nov 2025 CARE AAA Stable Reaffirm
20 Nov 2025 ICRA AAA Stable Reaffirm
13 Oct 2025 CARE AAA Stable Reaffirm
8 Apr 2025 CARE AAA No Outlook Reaffirm
8 Apr 2025 CARE AAA Stable Reaffirm
8 Apr 2025 ICRA AAA Stable Reaffirm
4 Apr 2025 CRISIL AAA Stable New
17 Dec 2024 CARE AAA Stable New
16 Dec 2024 CRISIL AAA Stable New
18 Oct 2024 ICRA AAA Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
29 Sep 2026 INE752E08817 29 Sep 2036 Placement memorandum on BSE
12 Dec 2025 INE752E08809 12 Dec 2035 Placement memorandum on BSE
12 Aug 2025 INE752E08791 12 Aug 2035 Placement memorandum on BSE
15 Apr 2025 INE752E08783 15 Apr 2035 Placement memorandum on BSE
24 Dec 2024 INE752E08775 24 Dec 2034 Placement memorandum on BSE
25 Oct 2024 INE752E08767 25 Oct 2034 Placement memorandum on BSE
23 Jul 2024 INE752E08759 23 Jul 2034 Placement memorandum on BSE
23 Apr 2024 INE752E08742 23 Apr 2034 Placement memorandum on BSE
12 Mar 2024 INE752E08734 12 Mar 2034 Placement memorandum on BSE
11 Jan 2024 INE752E08726 11 Jan 2034 Placement memorandum on BSE
12 Oct 2023 INE752E08718 12 Oct 2033 Placement memorandum on BSE
24 Aug 2023 INE752E08700 24 Aug 2033 Placement memorandum on BSE
31 Mar 2023 INE752E08692 31 Mar 2033 Placement memorandum on BSE
23 Mar 2023 INE752E08684 23 Mar 2033 Placement memorandum on BSE
17 Feb 2023 INE752E08676 17 Feb 2033 Placement memorandum on BSE
25 Mar 2022 INE752E08668 25 Mar 2027 Placement memorandum on BSE
5 Aug 2020 INE752E08650 11 Apr 2031 Placement memorandum on BSE
15 Apr 2020 INE752E08643 15 Apr 2025 Placement memorandum on BSE
8 Jan 2020 INE752E08627 12 Apr 2030 Placement memorandum on BSE
14 Feb 2019 INE752E08551 14 Feb 2029 Placement memorandum on BSE
7 Jan 2019 INE752E07OH3 6 Jan 2029 Placement memorandum on BSE
9 Aug 2017 INE752E07OG5 9 Aug 2027 Placement memorandum on BSE
19 Jun 2017 INE752E07OF7 19 Jun 2027 Placement memorandum on BSE
9 Mar 2017 INE752E07OE0 9 Mar 2027 Placement memorandum on BSE
21 Dec 2016 INE752E07OD2 21 Dec 2021 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Power Grid Corporation of India bonds: questions and answers

What bonds has Power Grid Corporation of India Limited issued?

Power Grid Corporation of India Limited has 28 outstanding bonds recorded on this page. By type, as described by NSDL: 28 bond (ncd). 2 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Power Grid Corporation of India Limited bonds?

Its 28 outstanding bonds each have their own ISIN, for example INE752E07JN1, INE752E07OE0, INE752E08668. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE752E.

What coupon rates do Power Grid Corporation of India Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.05% to 9.35% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Power Grid Corporation of India Limited bonds mature?

Its outstanding bonds have maturity dates from 9 Mar 2027 to 29 Sep 2036. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Power Grid Corporation of India Limited bonds?

NSDL India Bond Info records CARE AAA (Stable) (action dated 23 Apr 2026); ICRA AAA (Stable) (action dated 22 Apr 2026); CRISIL AAA (Stable) (action dated 22 Apr 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Power Grid Corporation of India Limited bonds secured, unsecured or guaranteed?

NSDL records 9 of the 28 outstanding bonds whose terms it holds as secured and 19 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Power Grid Corporation of India Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Power Grid Corporation of India Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 3 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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