Page 1 of 44
Issuer Details:
1.1 Details of Issuer
Particulars Details
Name of the Company Power Grid Corporation of India Limited
CIN No. L40101DL1989GOI038121
LEI No. 33580095SHWZ3DZEQ4Z56
PAN No. AAACP0252G
Website www.powergridindia.com
Email [email protected] [email protected]
Registered Office B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110 016
Corporate Office ‘Saudamini’ Plot No.2, Sector 29, Gurgaon – 122 001
Telephone Nos. R.O. 011-26560112, 26560121, 26564892 Corp. Office : (0124) 2822484, 2822485, 2422413 (Gurgaon), Fax. (0124) 2571896, 2571891 (Gurgaon)
Date of Incorporation 23rd October, 1989
Chief Executive: CMD Shri. K. Sreekant
Chief Financial Officer Shri. K.S.R. Murty
Group Affiliation (if any)
NA
Compliance Officer of the Issue
Ms. Divya Tandon Executive Director – (Company Secretary & Compliance Officer) Email - [email protected]
Registrars of the Issue
M/s MCS Share Transfer Agent Limited F- 65, Okhla Industrial Area, Phase-I, New Delhi-110020 Ph : 011-41406148, 41406149, 41406151, 41709884, Fax : 011-41406148, 41709881 Email : [email protected]
Issuing and Paying Agent
State Bank of India (Corporate Accounts Group Branch) 4th & 5th Floor, Redfort Capital, Parsvnath Towers Bhai Veer Singh Marg, Gole Market, New Delhi-110001 Email:[email protected]; [email protected];
Page 2 of 44
1.2 Details of Directors:
Under our Articles of Association, we are required to have not less than four directors and not more than 18 Directors. Our Board presently comprises 12 Directors out of which four are whole-time Directors, three Director is nominee of the GoI and five are independent Directors. The following table sets out the details regarding our Board of Directors.
S No Name / Designation / DIN
Age Address Director of the Company since
Other Directorships
1. Shri. K. Sreekant, Chairman & Managing Director Occupation: Service DIN: 06615674
56 Bungalow No. FF -4, Power Grid Residential Township Complex, Sector -43, Gurgaon, Haryana-122002
01.09.2016 (Appointed as CMD w.e.f 05.08.2019)
1. North East Transmission Company Limited
2. Cross Border Power Transmission Company Limited
3. Torrent Power Grid Limited 4. Powerlinks Transmission Limited 5. Teestavalley Power Transmission
Limited 6. Bihar Grid Company Limited 7. Jaypee Powergrid Limited 8. Parbati Koldam Transmission
Company Limited
2. Shri V K Singh Director (Personnel) Occupation: Service DIN: 08679313
56 House No-70, 2nd Floor Whitewood Malibu Town, Gurgaon -122001 Haryana
01.02.2020
Nil
3. Mrs. Seema Gupta, Director (Operations) Occupation: Service DIN:06636330
57 Plot No 627, Sector 10-A, Gurgaon, Haryana-122002
01.03.2018 1. POWERGRID NM Transmission Ltd. 2. POWERGRID Warora Transmission
Limited 3. POWERGRID Parli Transmission
Limited 4. POWERGRID Vizag Transmission
Ltd 5. POWERGRID Jabalpur Transmission
Page 3 of 44
S No Name / Designation / DIN
Age Address Director of the Company since
Other Directorships
Limited 6. Delhi Transco Limited 7. Cross Border Power Transmission
Company Limited. 8. Bihar Grid Company Limited. 9. POWERGRID Mithilanchal
Transmission Limited
4. Shri Rajeev Kumar Chauhan Director (Project) Occupation: Service DIN: 02018931
59 Bungalow No. GG -3, Power Grid Residential Township Complex, Sector -43, Gurgaon, Haryana-122002
23.08.2018 1. RINL POWERGRID TLT Private Limited
2. POWERGRID Varanasi Transmission System Ltd
3. POWERGRID Jawaharpur Firozabad Transmission Ltd
4. POWERGRID Khetri Transmission System Limited
5. POWERGRID Ajmer Phagi Transmission Limited
6. POWERGRID Southern Interconnector Transmission System Limited
7. POWERGRID Medinipur-Jeerat Transmission Limited
8. POWERGRID Bhind Guna Transmission Limited
9. PTC India Limited
5. Shri. Tse Ten Dorji Independent Director Occupation: Retired IAS DIN:03469466
69
Samdrupling, Sonamtshering Marg Kazi Road, Gangtok, -737101 (Sikkim)
16.02.2017 Nil
Page 4 of 44
S No Name / Designation / DIN
Age Address Director of the Company since
Other Directorships
6. Shri. Manoj Kumar Mittal Independent Director Occupation: Consulting Engineer DIN:07937052
55 A-64, Sector-35, Gautam Buddh Nagar, Noida, UP-201307
12.09.2017 Nil
7. Shri Sunil Kumar Sharma Independent Director Occupation: Retired DIN: 03614952
63 33, D-block, CQAL Layout, Sahakar Nagar, Bangalore-560092 Karnataka
23.07.2018 1. Astra Micro Wave Products Limited. 2. Smile Electronics Ltd. 3. Paras Defence and Space
Technologies Ltd.
8. Smt. Anthiya Mahalakshmi Rajaram Independent Director Occupation: Entrepreneur DIN: 08187493
49 15, Devarayan Street, Thirumagal Nagar, New Pankajam, Madurai-625009, Tamilnadu
26.07.2018 Nil
9. Shri Manathattai Narayanan Venkatesan Independent Director Occupation: Chartered Accountant DIN: 02126022
64
New No.19, Vyasarpadi Gangadaran Street, Nungambakkam Chennai 600034 Tamilnadu
11.07.2019 1. Svasti Microfinance Private Limited
2. Focus Credit Management India PrivateLimited
Page 5 of 44
S No Name / Designation / DIN
Age Address Director of the Company since
Other Directorships
10. Shri Sudhir Kumar Gangadhar Rahate Additional Secretary, MoP Govt. Nominee Director Occupation: Service DIN : 05254178
55 D1/194, Vinay Marg, Opp. Nehru park, Chanakya Puri New Delhi - 110021
27.09.2019 Nil
11. Shri Dilip Nigam, Advisor, Ministry of New and Renewable Energy, Govt. Nominee Director Occupation: Service DIN : 02990661
59 Flats No. 11, D-2, Shahajahan Road, Nirman Bhawan New Delhi - 110011
28.12.2019 Nil
12. Shri Sanjay Malhotra Additional Secretary, MoP Govt. Nominee Director Occupation: Service DIN: 00992744
51 R1/1 Chambal Colony, Hawa Sadak , Jaipur-302019
31.01.2020 Nil
Page 6 of 44
1.3. Details of change in directors in last three financial years including any change in the current year:
Name Date of Appointment Date of Resignation/
Superannuation
Remarks
Shri K. Sreekant September 1, 2016 (appointed as Director- Finance)
Appointed as Chairman & Managing Director as per the order of the MOP dated August 05, 2019
Mrs. Seema Gupta March 1, 2018 Appointed as Director (Operations) as per the order of the MOP dated February 20, 2018.
Shri Rajeev Kumar Chauhan
August 23, 2018 Appointed as Director (Operations) as per the order of the MOP dated August 23, 2018.
Shri Vinod Kumar Singh February 1, 2020 Appointed as Director (Personnel) as per the order of the MOP dated January 6, 2020.
Shri Sudhir Kumar Gangadhar Rahate
September 27, 2019 Appointed as Govt. Nominee Director as per the order of the MOP dated September 27, 2019.
Shri Dilip Nigam December 28, 2019 Appointed as Govt. Nominee Director as per the order of the MOP dated December 20, 2019.
Shri Sanjay Malhotra
January 31, 2020 Appointed as Govt. Nominee Director as per the order of the MOP dated January 24, 2020.
Shri Tse Ten Dorji February 16, 2017 Appointed as Non-Official Part Director as per the order of the MOP dated February 16, 2017.
Shri Manoj Kumar Mittal September 12, 2017 Appointed as Director as per the order of the MOP dated September 07, 2017.
Shri Sunil Kumar Sharma July 23, 2018 Appointed as Director as per the order of the MOP dated July 17, 2018
Page 7 of 44
Name Date of Appointment Date of Resignation/
Superannuation
Remarks
Smt. A. R. Mahalakshmi July 26, 2018 Appointed as Director as per the order of the MOP dated July 17, 2018
Shri Manathattai Narayanan Venkatesan
July 11, 2019 Appointed as Director as per the order of the MOP dated July 11, 2019
Shri Ravi P. Singh April 1, 2012
January 31, 2020 Ceased to be Director (Personnel) on attaining the age of Superannuation on January 31, 2020.
Shri Jagdish Ishwarbhai Patel November 17, 2015 September 26, 2019
Ceased to be Director due to resignation dated September 26, 2019
Shri Ghan Shyam Prasad March 01, 2019 September 23, 2019
Ceased to be Govt. Nominee Director as per the order of the MOP dated September 23, 2019
Shri Anurag Agarwal June 27, 2019 July 12, 2019 Ceased to be Govt. Nominee Director as per the order of the MOP dated July 16, 2019
Shri Vivek Kumar Dewangan April 26, 2018
June 07, 2019 Ceased to be Govt. Nominee Director as per the order of the MOP dated June 07, 2019
Ms. Bharati
August 31, 2017
February 13, 2019
Ceased to be Govt. Nominee Director on the Board on completion of tenure on February 12, 2019 as per the order of MOP dated February 12, 2019.
Shri I.S. Jha September 1, 2009 January 21,2019 Consequent on his appointment as Member, Central Electricity Regulatory Commission (CERC), has been released by Ministry of Power w.e.f. 21.01.2019 (AN)
Shri Prabhakar Singh February 08, 2017 June 30, 2018 Ceased to be Director (Projects) on attaining the age of Superannuation on June 30, 2018
Shri R. P. Sasmal August 1, 2012 February 28, 2018 Ceased to be Director (Operations) on attaining the age of Superannuation on February 28, 2018.
Page 8 of 44
Name Date of Appointment Date of Resignation/
Superannuation
Remarks
Mrs. Shalini Prasad August 14, 2017 August 30, 2017 Ceased to be Director on August 30, 2017.
Dr. Pradeep Kumar September 10, 2013 July 31, 2017 Ceased to be Director on July 31, 2017
Mrs. Jyoti Arora March 20, 2014 July 05, 2017 Ceased to be Director on July 05, 2017
Ms. Jyotika Kalra February 16, 2017 April 06, 2017 Ceased to be Director due to resignation dated April 06, 2017
Page 9 of 44
1.4. List of top 10 holders of equity shares of the company as on date or the latest
quarter end (as on 31.01.2020):
Sl No. Category Total Shares
Total Shares in Demat Form
Total Shares in Physical Form
As % of Total no of Equity shares
1 PRESIDENT OF INDIA 2567520879 2567520879 49.0773
2 LIFE INSURANCE CORPORATION OF INDIA
252862990 252862990 4.8334
3 CPSE ETF ACCOUNT 206647791 206647791 3.95
4 PRESIDENT OF INDIA 101269800 101269800 1.9357
5 CPSE EXCHANGE TRADED SCHEME (CPSE ETF)
100032612 100032612 1.9121
6 HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND
77345000 77345000 1.4784
7 COMGEST GROWTH PLC - COMGEST GROWTH EMERGING MARKE
64491105 64491105 1.2327
8 MAGELLAN 39679976 39679976 0.7585
9 GOVERNMENT PENSION FUND GLOBAL
33321361 33321361 0.6369
10 HDFC TRUSTEE COMPANY LIMITED-HDFC EQUITY FUND
29250338 29250338 0.5591
Total 3472421852 3472421852 0 66.3741
Page 10 of 44
1.5. Details of Statutory Auditor (as on 31.12.2019):
Name Address Auditor since
T R Chadha & Co. LLP Chartered Accountants
B-30, Kuthiala Building, Connaught Circus, New Delhi-110001
01.08.2019
Umamaheswara Rao & Co. Chartered Accountants
Flat No.5-H, D Block, 8-3-324, Yellareddyguda Lane, Ameerpet X Roads, Hyderabad, Telangana-500073
01.08.2019
B M Chatrath & Co. LLP Chartered Accountants
#Centre Point# ,4th floor, Room No-440, 21, Hemanta Basu Sarani, Kolkata, West Bengal-700001
01.08.2019
PSD & Associates Chartered Accountants
808, Tower – A, Omkar Alta Monte, Pathanwadi Malad East, Mumbai-400097
01.08.2019
Being a Government Company, the statutory auditors of the Issuer are appointed by the Comptroller and Auditor General of India (“CAG”). The annual accounts of the issuer are reviewed by CAG and a report is published.
1.6 Details of the change in statutory auditors in last three financial years including any
change in the current year:
Name Address Date of
Appointment
Auditor of the Company
since(in case of resignation)
Remarks
S.K. Mittal & Co Chartered Accountants
Mittal house E-29 South Ext. Part-II, New Delhi –110049
FY 2015-16 to FY 2018-19
NA
Appointed by
C&AG of India
RGN Price & Co Chartered Accountants
Simpson Buildings, 861, Anna Salai, Chennai– 600002
FY 2015-16 to FY 2018-19
NA
Kothari & Co Chartered Accountants
1 E Neelkanth 26-B, Camac Street Kolkata– 700016
FY 2015-16 to FY 2018-19
NA
Parakh & Co Chartered Accountants
A-101 Pratik Apartment Ramchandra Nagar 3, Near Cadbury Signal, Thane West Mumbai– 400604
FY 2015-16 to FY 2018-19
NA
Page 11 of 44
1.7 List of top 10 debt securities (Bonds holder’s) (as on 31.01.2020)
S.N. Name Of Bondholder
Address Number of bonds
1
CBT EPF-05-F-DM
Standard Chartered Bank, Securities Services, 3rd
Floor 23-25, Mahatma Gandhi Road Fort, Mumbai-
400001
86712
2 Employees' State Insurance Corporation A/C Reliance Nippon Life Asset Management Limited
Standard Chartered Bank, Securities Services, 3rd
Floor 23-25, Mahatma Gandhi Road Fort, Mumbai-
400001 39600
3
CBT-EPF-05-E-DM
Standard Chartered Bank, Securities Services, 3rd
Floor 23-25, Mahatma Gandhi Road Fort, Mumbai-
400001 34431
4
Life Insurance Corporation Of India
Investment Department, 6th Floor, West Wing, Central
Office Yogakshema, Jeevan Bima Marg Mumbai-
400021 33207
5
CBT-EPF-11-E-DM
Standard Chartered Bank, Securities Services, 3rd
Floor 23-25, Mahatma Gandhi Road Fort, Mumbai-
400001 30153
6 HDFC Life Insurance Company Limited
Deutsche Bank Ag, DB House Hazarimal Somani
Marg, P.O.Box No. 1142, Fort, Mumbai-40001 25890
7
State Bank Of India
SBI SG Global Secu. Serv. P. L. Jeevan Seva
Extension Bldg.Gr. Floor S.V. Road, Santacruz W
Mumbai-400054 25117
8 Punjab National Bank
Treasury Division,PNB Pragati Tower 6th Floor, C-9,
G-Block, Bandra Kurla Complex, Mumbai-400051 20226
9
SBI Life Insurance Co.Ltd
Hdfc Bank Limited, Custody Operation Sempire Plaza
Twr-1, 4th Floor, Chandan Nagar, LBS Marg,Vikhroli
West, Mumbai-400083 18031
10 NPS Trust- A/C LIC Pension Fund Scheme - State Govt
C/O LIC Pension Fund Limited, 1st Floor, Plot No.194,
Veer Nariman Road, Industrial Assurance Building,
Church Gate, Mumbai-400020 16174
Page 12 of 44
1.8 List of CP holder as on 31.01.2020)
(Rs. in Crore)
S.No Name of CP Holder Category of CP holder
Face Value of CP
holding
CP holding as a percentage of total CP
outstanding of the issuer
1 INDIAN OVERSEAS BANK BANK 100 3.57%
2 KOTAK MAHINDRA TRUSTEE CO. LTD. A/C KOTAK LIQUID FUND
MF 167 5.96%
3 QUANTUM LIQUID FUND MF 18 0.64%
4 RELIANCE CAPITAL TRUSTEE CO LTD-A/C NIPPON INDIA LIQUID FUND
MF 665 23.75%
5 BNP PARIBAS MUTUAL FUND AC BNP PARIBAS LIQUID FUND
MF 50 1.79%
6 HDFC TRUSTEE COMPANY LTD A/C HDFC LIQUID FUND
MF 1000 35.71%
7 SUNDARAM MONEY FUND MF 100 3.57%
8 INDIABULLS MUTUAL FUND - LIQUID FUND MF 50 1.79%
9 TATA MUTUAL FUND-TATA LIQUID FUND MF 150 5.36%
10 ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE LIQUID FUND
MF 500 17.86%
TOTAL 2800 100.00%
Page 13 of 44
1. Material Information:
2.1 Defaults and/or delay in payments of
Sl Particular In Past 5 financial years (Incl. in the Current FY )
1 Interest and Principal of CPs (including technical delay)
NIL
2 Debt securities NIL
3 term loans NIL
4 External Commercial Borrowings NIL
5 other financial indebtedness including corporate guarantee
NIL
2.2 Ongoing and/or outstanding material litigation and regulatory structures, if any
2.3 Any material event/ development having implications, which may affect the issue or the investor's decision to invest/ continue to invest in the CP
Sl Particular Remark
1 Financials/ credit quality including any material regulatory proceedings against the issuer/ promoters
2 Tax litigations resulting in material liabilities
3 Corporate restructuring event
No material event/ development having implications, which may affect the issue or the investor's decision to invest/ continue to invest in the CP
For other details, kindly refer POWERGRID Annual Report FY 2018-19 and below link: https://www.powergridindia.com/sites/default/files/NSE_AR_dt29072019.pdf
Page 14 of 44
3 Details of borrowings of the company as on 31-12-2019
3.1 (a) Details of CPs:
Type of security: Un-Secured Rating Agencies: ICRA, CRISIL, CARE Rating: A1+ IPA: State Bank of India (Corporate Accounts Group Branch)
4th & 5th Floor, Redfort Capital, Parsvnath Towers Bhai Veer Singh Marg, Gole Market, New Delhi-110001 Email:[email protected]; [email protected]
(Rs. in Crore)
Series ISIN Tenor/ Period of maturity (Days)
Coupon Amount Issued
Date of Allotment
Redemption date/
Schedule (%)
CP-31 INE752E14344 90 5.49% 1000 11-10-2019 09-01-2020
CP-32 INE752E14351 90 5.24% 1100 18-10-2019 16-01-2020
CP-33 INE752E14369 90 5.15% 500 15-11-2019 13-02-2020
CP-34 INE752E14377 90 5.08% 600 26-11-2019 24-02-2020
CP-35 INE752E14385 90 5.15% 500 27-12-2019 26-03-2020
3700
Page 15 of 44
(b) Details of Secured debt securities (Bonds in form of NCD):
Rating : AAA Security : Domestic Bonds are secured by way of Registered Bond Trust Deed ranking pari passu on
immovable property situated at Mouje Ambheti Taluka Kaparada in district Valsad Gujarat and floating charge on the assets of the company
(Rs. in Crore)
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
18 INE752E07AO8 14 8.15% 83.25 09.03.2006 09.03.2020 ICRA & CRISIL
18 INE752E07AP5 15 8.15% 83.25 09.03.2006 09.03.2021 ICRA & CRISIL
19 INE752E07BA5 14 9.25% 41.25 24.07.2006 24.07.2020 ICRA & CRISIL
19 INE752E07BB3 15 9.25% 41.25 24.07.2006 24.07.2021 ICRA & CRISIL
20 INE752E07BN8 14 8.93% 125.00 07.09.2006 07.09.2020 ICRA & CRISIL
20 INE752E07BC1 15 8.93% 125.00 07.09.2006 07.09.2021 ICRA & CRISIL
21 INE752E07BY5 14 8.73% 42.50 11.10.2006 11.10.2020 ICRA & CRISIL
21 INE752E07BZ2 15 8.73% 42.50 11.10.2006 11.10.2021 ICRA & CRISIL
22 INE752E07CK2 14 8.68% 57.50 07.12.2006 07.12.2020 ICRA & CRISIL
22 INE752E07CL0 15 8.68% 57.50 07.12.2006 07.12.2021 ICRA & CRISIL
23 INE752E07CV9 13 9.25% 25.625 09.02.2007 09.02.2020 ICRA & CRISIL
23 INE752E07CW7 14 9.25% 25.625 09.02.2007 09.02.2021 ICRA & CRISIL
23 INE752E07CX5 15 9.25% 25.625 09.02.2007 09.02.2022 ICRA & CRISIL
24 INE752E07DH6 13 9.95% 66.625 26.03.2007 26.03.2020 ICRA & CRISIL
24 INE752E07DI4 14 9.95% 66.625 26.03.2007 26.03.2021 ICRA & CRISIL
24 INE752E07DJ2 15 9.95% 66.625 26.03.2007 26.03.2022 ICRA & CRISIL
25 INE752E07DT1 13 10.10% 88.75 12.06.2007 12.06.2020 ICRA & CRISIL
25 INE752E07DU9 14 10.10% 88.75 12.06.2007 12.06.2021 ICRA & CRISIL
25 INE752E07DV7 15 10.10% 88.75 12.06.2007 12.06.2022 ICRA & CRISIL
26 INE752E07EE1 12 9.30% 83.25 07.03.2008 07.03.2020 ICRA, CARE & CRISIL
26 INE752E07EF8 13 9.30% 83.25 07.03.2008 07.03.2021 ICRA, CARE & CRISIL
26 INE752E07EG6 14 9.30% 83.25 07.03.2008 07.03.2022 ICRA, CARE & CRISIL
Page 16 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
26 INE752E07EH4 15 9.30% 83.25 07.03.2008 07.03.2023 ICRA, CARE & CRISIL
27 INE752E07EQ5 12 9.47% 58.75 31.03.2008 31.03.2020 ICRA, CARE & CRISIL
27 INE752E07ER3 13 9.47% 58.75 31.03.2008 31.03.2021 ICRA, CARE & CRISIL
27 INE752E07ES1 14 9.47% 58.75 31.03.2008 31.03.2022 ICRA, CARE & CRISIL
27 INE752E07ET9 15 9.47% 58.75 31.03.2008 31.03.2023 ICRA, CARE & CRISIL
28 INE752E07FC2 12 9.33% 200.00 15.12.2008 15.12.2020 ICRA, CARE & CRISIL
28 INE752E07FD0 13 9.33% 200.00 15.12.2008 15.12.2021 ICRA, CARE & CRISIL
28 INE752E07FE8 14 9.33% 200.00 15.12.2008 15.12.2022 ICRA, CARE & CRISIL
28 INE752E07FF5 15 9.33% 200.00 15.12.2008 15.12.2023 ICRA, CARE & CRISIL
29 INE752E07FN9 11 9.20% 108.125 12.03.2009 12.03.2020 ICRA, CARE & CRISIL
29 INE752E07FO7 12 9.20% 108.125 12.03.2009 12.03.2021 ICRA, CARE & CRISIL
29 INE752E07FP4 13 9.20% 108.125 12.03.2009 12.03.2022 ICRA, CARE & CRISIL
29 INE752E07FQ2 14 9.20% 108.125 12.03.2009 12.03.2023 ICRA, CARE & CRISIL
29 INE752E07FR0 15 9.20% 108.125 12.03.2009 12.03.2024 ICRA, CARE & CRISIL
30 INE752E07FZ3 11 8.80% 194.375 29.09.2009 29.09.2020 ICRA, CARE & CRISIL
30 INE752E07GA4 12 8.80% 194.375 29.09.2009 29.09.2021 ICRA, CARE & CRISIL
30 INE752E07GB2 13 8.80% 194.375 29.09.2009 29.09.2022 ICRA, CARE & CRISIL
30 INE752E07GC0 14 8.80% 194.375 29.09.2009 29.09.2023 ICRA, CARE & CRISIL
30 INE752E07GD8 15 8.80% 194.375 29.09.2009 29.09.2024 ICRA, CARE & CRISIL
31 INE752E07GK3 10 8.90% 170.625 25.02.2010 25.02.2020 ICRA, CARE & CRISIL
31 INE752E07GL1 11 8.90% 170.625 25.02.2010 25.02.2021 ICRA, CARE & CRISIL
31 INE752E07GM9 12 8.90% 170.625 25.02.2010 25.02.2022 ICRA, CARE & CRISIL
31 INE752E07GN7 13 8.90% 170.625 25.02.2010 25.02.2023 ICRA, CARE & CRISIL
31 INE752E07GO5 14 8.90% 170.625 25.02.2010 25.02.2024 ICRA, CARE & CRISIL
31 INE752E07GP2 15 8.90% 170.625 25.02.2010 25.02.2025 ICRA, CARE & CRISIL
32 INE752E07GW8 10 8.84% 86.25 29.03.2010 29.03.2020 ICRA, CARE & CRISIL
32 INE752E07GX6 11 8.84% 86.25 29.03.2010 29.03.2021 ICRA, CARE & CRISIL
32 INE752E07GY4 12 8.84% 86.25 29.03.2010 29.03.2022 ICRA, CARE & CRISIL
Page 17 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
32 INE752E07GZ1 13 8.84% 86.25 29.03.2010 29.03.2023 ICRA, CARE & CRISIL
32 INE752E07HA2 14 8.84% 86.25 29.03.2010 29.03.2024 ICRA, CARE & CRISIL
32 INE752E07HB0 15 8.84% 86.25 29.03.2010 29.03.2025 ICRA, CARE & CRISIL
33 INE752E07HI5 10 8.64% 240.00 08.07.2010 08.07.2020 ICRA, CARE & CRISIL
33 INE752E07HJ3 11 8.64% 240.00 08.07.2010 08.07.2021 ICRA, CARE & CRISIL
33 INE752E07HK1 12 8.64% 240.00 08.07.2010 08.07.2022 ICRA, CARE & CRISIL
33 INE752E07HL9 13 8.64% 240.00 08.07.2010 08.07.2023 ICRA, CARE & CRISIL
33 INE752E07HM7 14 8.64% 240.00 08.07.2010 08.07.2024 ICRA, CARE & CRISIL
33 INE752E07HN5 15 8.64% 240.00 08.07.2010 08.07.2025 ICRA, CARE & CRISIL
34 INE752E07HU0 10 8.84% 290.625 21.10.2010 21.10.2020 ICRA, CARE & CRISIL
34 INE752E07HV8 11 8.84% 290.625 21.10.2010 21.10.2021 ICRA, CARE & CRISIL
34 INE752E07HW6 12 8.84% 290.625 21.10.2010 21.10.2022 ICRA, CARE & CRISIL
34 INE752E07HX4 13 8.84% 290.625 21.10.2010 21.10.2023 ICRA, CARE & CRISIL
34 INE752E07HY2 14 8.84% 290.625 21.10.2010 21.10.2024 ICRA, CARE & CRISIL
34 INE752E07HZ9 15 8.84% 290.625 21.10.2010 21.10.2025 ICRA, CARE & CRISIL
35 INE752E07IF9 9 9.64% 163.125 31.05.2011 31.05.2020 ICRA, CARE & CRISIL
35 INE752E07IG7 10 9.64% 163.125 31.05.2011 31.05.2021 ICRA, CARE & CRISIL
35 INE752E07IH5 11 9.64% 163.125 31.05.2011 31.05.2022 ICRA, CARE & CRISIL
35 INE752E07II3 12 9.64% 163.125 31.05.2011 31.05.2023 ICRA, CARE & CRISIL
35 INE752E07IJ1 13 9.64% 163.125 31.05.2011 31.05.2024 ICRA, CARE & CRISIL
35 INE752E07IK9 14 9.64% 163.125 31.05.2011 31.05.2025 ICRA, CARE & CRISIL
35 INE752E07IL7 15 9.64% 163.125 31.05.2011 31.05.2026 ICRA, CARE & CRISIL
36 INE752E07IQ6 9 9.35% 206.00 29.08.2011 29.08.2020 ICRA, CARE & CRISIL
36 INE752E07IR4 10 9.35% 206.00 29.08.2011 29.08.2021 ICRA, CARE & CRISIL
36 INE752E07IS2 11 9.35% 206.00 29.08.2011 29.08.2022 ICRA, CARE & CRISIL
36 INE752E07IT0 12 9.35% 206.00 29.08.2011 29.08.2023 ICRA, CARE & CRISIL
36 INE752E07IU8 13 9.35% 206.00 29.08.2011 29.08.2024 ICRA, CARE & CRISIL
36 INE752E07IV6 14 9.35% 206.00 29.08.2011 29.08.2025 ICRA, CARE & CRISIL
Page 18 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
36 INE752E07IW4 15 9.35% 206.00 29.08.2011 29.08.2026 ICRA, CARE & CRISIL
36 INE752E07IX2 16 9.35% 206.00 29.08.2011 29.08.2027 ICRA, CARE & CRISIL
36 INE752E07IY0 17 9.35% 206.00 29.08.2011 29.08.2028 ICRA, CARE & CRISIL
36 INE752E07IZ7 18 9.35% 206.00 29.08.2011 29.08.2029 ICRA, CARE & CRISIL
36 INE752E07JA8 19 9.35% 206.00 29.08.2011 29.08.2030 ICRA, CARE & CRISIL
37 INE752E07JG5 9 9.25% 166.25 26.12.2011 26.12.2020 ICRA, CARE & CRISIL
37 INE752E07JH3 10 9.25% 166.25 26.12.2011 26.12.2021 ICRA, CARE & CRISIL
37 INE752E07JI1 11 9.25% 166.25 26.12.2011 26.12.2022 ICRA, CARE & CRISIL
37 INE752E07JJ9 12 9.25% 166.25 26.12.2011 26.12.2023 ICRA, CARE & CRISIL
37 INE752E07JK7 13 9.25% 166.25 26.12.2011 26.12.2024 ICRA, CARE & CRISIL
37 INE752E07JL5 14 9.25% 166.25 26.12.2011 26.12.2025 ICRA, CARE & CRISIL
37 INE752E07JM3 15 9.25% 166.25 26.12.2011 26.12.2026 ICRA, CARE & CRISIL
38 INE752E07JN1 15 9.25% 855.00 09.03.2012 09.03.2027 ICRA, CARE & CRISIL
39 INE752E07JO9 15 9.40% 1800.00 29.03.2012 29.03.2027 ICRA, CARE & CRISIL
40 INE752E07JT8 8 9.30% 333.125 28.06.2012 28.06.2020 ICRA, CARE & CRISIL
40 INE752E07JU6 9 9.30% 333.125 28.06.2012 28.06.2021 ICRA, CARE & CRISIL
40 INE752E07JV4 10 9.30% 333.125 28.06.2012 28.06.2022 ICRA, CARE & CRISIL
40 INE752E07JW2 11 9.30% 333.125 28.06.2012 28.06.2023 ICRA, CARE & CRISIL
40 INE752E07JX0 12 9.30% 333.125 28.06.2012 28.06.2024 ICRA, CARE & CRISIL
40 INE752E07JY8 13 9.30% 333.125 28.06.2012 28.06.2025 ICRA, CARE & CRISIL
40 INE752E07JZ5 14 9.30% 333.125 28.06.2012 28.06.2026 ICRA, CARE & CRISIL
40 INE752E07KA6 15 9.30% 333.125 28.06.2012 28.06.2027 ICRA, CARE & CRISIL
41 INE752E07KF5 8 8.85% 236.875 19.10.2012 19.10.2020 ICRA, CARE & CRISIL
41 INE752E07KG3 9 8.85% 236.875 19.10.2012 19.10.2021 ICRA, CARE & CRISIL
41 INE752E07KH1 10 8.85% 236.875 19.10.2012 19.10.2022 ICRA, CARE & CRISIL
41 INE752E07KI9 11 8.85% 236.875 19.10.2012 19.10.2023 ICRA, CARE & CRISIL
41 INE752E07KJ7 12 8.85% 236.875 19.10.2012 19.10.2024 ICRA, CARE & CRISIL
41 INE752E07KK5 13 8.85% 236.875 19.10.2012 19.10.2025 ICRA, CARE & CRISIL
Page 19 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
41 INE752E07KL3 14 8.85% 236.875 19.10.2012 19.10.2026 ICRA, CARE & CRISIL
41 INE752E07KM1 15 8.85% 236.875 19.10.2012 19.10.2027 ICRA, CARE & CRISIL
42 INE752E07KN9 10 8.80% 1990.00 13.03.2013 13.03.2023 ICRA, CARE & CRISIL
43 INE752E07KR0 7 7.93% 260.50 20.05.2013 20.05.2020 ICRA, CARE & CRISIL
43 INE752E07KS8 8 7.93% 260.50 20.05.2013 20.05.2021 ICRA, CARE & CRISIL
43 INE752E07KT6 9 7.93% 260.50 20.05.2013 20.05.2022 ICRA, CARE & CRISIL
43 INE752E07KU4 10 7.93% 260.50 20.05.2013 20.05.2023 ICRA, CARE & CRISIL
43 INE752E07KV2 11 7.93% 260.50 20.05.2013 20.05.2024 ICRA, CARE & CRISIL
43 INE752E07KW0 12 7.93% 260.50 20.05.2013 20.05.2025 ICRA, CARE & CRISIL
43 INE752E07KX8 13 7.93% 260.50 20.05.2013 20.05.2026 ICRA, CARE & CRISIL
43 INE752E07KY6 14 7.93% 260.50 20.05.2013 20.05.2027 ICRA, CARE & CRISIL
43 INE752E07KZ3 15 7.93% 260.50 20.05.2013 20.05.2028 ICRA, CARE & CRISIL
44 INE752E07LB2 10 8.70% 1322.00 15.07.2013 15.07.2023 ICRA, CARE & CRISIL
44 INE752E07LC0 15 8.70% 1322.00 15.07.2013 15.07.2028 ICRA, CARE & CRISIL
45 INE752E07LF3 6 9.65% 166.60 28.02.2014 28.02.2020 ICRA, CARE & CRISIL
45 INE752E07LG1 7 9.65% 166.60 28.02.2014 28.02.2021 ICRA, CARE & CRISIL
45 INE752E07LH9 8 9.65% 166.60 28.02.2014 28.02.2022 ICRA, CARE & CRISIL
45 INE752E07LI7 9 9.65% 166.60 28.02.2014 28.02.2023 ICRA, CARE & CRISIL
45 INE752E07LJ5 10 9.65% 166.60 28.02.2014 28.02.2024 ICRA, CARE & CRISIL
45 INE752E07LK3 11 9.65% 166.60 28.02.2014 28.02.2025 ICRA, CARE & CRISIL
45 INE752E07LL1 12 9.65% 166.60 28.02.2014 28.02.2026 ICRA, CARE & CRISIL
45 INE752E07LM9 13 9.65% 166.60 28.02.2014 28.02.2027 ICRA, CARE & CRISIL
45 INE752E07LN7 14 9.65% 166.60 28.02.2014 28.02.2028 ICRA, CARE & CRISIL
45 INE752E07LO5 15 9.65% 166.60 28.02.2014 28.02.2029 ICRA, CARE & CRISIL
46 INE752E07LQ0 10 9.30% 1454.00 04.09.2014 04.09.2024 ICRA, CARE & CRISIL
46 INE752E07LR8 15 9.30% 1454.00 04.09.2014 04.09.2029 ICRA, CARE & CRISIL
47 INE752E07LU2 6 8.93% 220.00 20.10.2014 20.10.2020 ICRA, CARE & CRISIL
47 INE752E07LV0 7 8.93% 220.00 20.10.2014 20.10.2021 ICRA, CARE & CRISIL
Page 20 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
47 INE752E07LW8 8 8.93% 220.00 20.10.2014 20.10.2022 ICRA, CARE & CRISIL
47 INE752E07LX6 9 8.93% 220.00 20.10.2014 20.10.2023 ICRA, CARE & CRISIL
47 INE752E07LY4 10 8.93% 220.00 20.10.2014 20.10.2024 ICRA, CARE & CRISIL
47 INE752E07LZ1 11 8.93% 220.00 20.10.2014 20.10.2025 ICRA, CARE & CRISIL
47 INE752E07MA2 12 8.93% 220.00 20.10.2014 20.10.2026 ICRA, CARE & CRISIL
47 INE752E07MB0 13 8.93% 220.00 20.10.2014 20.10.2027 ICRA, CARE & CRISIL
47 INE752E07MC8 14 8.93% 220.00 20.10.2014 20.10.2028 ICRA, CARE & CRISIL
47 INE752E07MD6 15 8.93% 220.00 20.10.2014 20.10.2029 ICRA, CARE & CRISIL
48 INE752E07ME4 5 8.20% 645.00 23.01.2015 23.01.2020 ICRA, CARE & CRISIL
48 INE752E07MF1 7 8.20% 645.00 23.01.2015 23.01.2022 ICRA, CARE & CRISIL
48 INE752E07MG9 10 8.20% 645.00 23.01.2015 23.01.2025 ICRA, CARE & CRISIL
48 INE752E07MH7 15 8.20% 645.00 23.01.2015 23.01.2030 ICRA, CARE & CRISIL
49 INE752E07MI5 5 8.15% 435.00 09.03.2015 09.03.2020 ICRA, CARE & CRISIL
49 INE752E07MJ3 10 8.15% 435.00 09.03.2015 09.03.2025 ICRA, CARE & CRISIL
49 INE752E07MK1 15 8.15% 435.00 09.03.2015 09.03.2030 ICRA, CARE & CRISIL
50 INE752E07MM7 5 8.40% 244.00 27.05.2015 27.05.2020 ICRA, CARE & CRISIL
50 INE752E07MN5 6 8.40% 244.00 27.05.2015 27.05.2021 ICRA, CARE & CRISIL
50 INE752E07MO3 7 8.40% 244.00 27.05.2015 27.05.2022 ICRA, CARE & CRISIL
50 INE752E07MP0 8 8.40% 244.00 27.05.2015 27.05.2023 ICRA, CARE & CRISIL
50 INE752E07MQ8 9 8.40% 244.00 27.05.2015 27.05.2024 ICRA, CARE & CRISIL
50 INE752E07MR6 10 8.40% 244.00 27.05.2015 27.05.2025 ICRA, CARE & CRISIL
50 INE752E07MS4 11 8.40% 244.00 27.05.2015 27.05.2026 ICRA, CARE & CRISIL
50 INE752E07MT2 12 8.40% 244.00 27.05.2015 27.05.2027 ICRA, CARE & CRISIL
50 INE752E07MU0 13 8.40% 244.00 27.05.2015 27.05.2028 ICRA, CARE & CRISIL
50 INE752E07MV8 14 8.40% 244.00 27.05.2015 27.05.2029 ICRA, CARE & CRISIL
50 INE752E07MW6 15 8.40% 244.00 27.05.2015 27.05.2030 ICRA, CARE & CRISIL
51 INE752E07MY2 5 8.40% 250.00 14.09.2015 14.09.2020 ICRA, CARE & CRISIL
51 INE752E07MZ9 6 8.40% 250.00 14.09.2015 14.09.2021 ICRA, CARE & CRISIL
Page 21 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
51 INE752E07NA0 7 8.40% 250.00 14.09.2015 14.09.2022 ICRA, CARE & CRISIL
51 INE752E07NB8 8 8.40% 250.00 14.09.2015 14.09.2023 ICRA, CARE & CRISIL
51 INE752E07NC6 9 8.40% 250.00 14.09.2015 14.09.2024 ICRA, CARE & CRISIL
51 INE752E07ND4 10 8.40% 250.00 14.09.2015 14.09.2025 ICRA, CARE & CRISIL
51 INE752E07NE2 11 8.40% 250.00 14.09.2015 14.09.2026 ICRA, CARE & CRISIL
51 INE752E07NF9 12 8.40% 250.00 14.09.2015 14.09.2027 ICRA, CARE & CRISIL
51 INE752E07NG7 13 8.40% 250.00 14.09.2015 14.09.2028 ICRA, CARE & CRISIL
51 INE752E07NH5 14 8.40% 250.00 14.09.2015 14.09.2029 ICRA, CARE & CRISIL
51 INE752E07NI3 15 8.40% 250.00 14.09.2015 14.09.2030 ICRA, CARE & CRISIL
52 INE752E07NJ1 5 8.32% 466.00 23.12.2015 23.12.2020 ICRA, CARE & CRISIL
52 INE752E07NK9 10 8.32% 466.00 23.12.2015 23.12.2025 ICRA, CARE & CRISIL
52 INE752E07NL7 15 8.32% 466.00 23.12.2015 23.12.2030 ICRA, CARE & CRISIL
53 INE752E07NM5 4 8.13% 333.00 25.04.2016 25.04.2020 ICRA, CARE & CRISIL
53 INE752E07NN3 5 8.13% 333.00 25.04.2016 25.04.2021 ICRA, CARE & CRISIL
53 INE752E07NO1 6 8.13% 333.00 25.04.2016 25.04.2022 ICRA, CARE & CRISIL
53 INE752E07NP8 7 8.13% 333.00 25.04.2016 25.04.2023 ICRA, CARE & CRISIL
53 INE752E07NQ6 8 8.13% 333.00 25.04.2016 25.04.2024 ICRA, CARE & CRISIL
53 INE752E07NR4 9 8.13% 333.00 25.04.2016 25.04.2025 ICRA, CARE & CRISIL
53 INE752E07NS2 10 8.13% 333.00 25.04.2016 25.04.2026 ICRA, CARE & CRISIL
53 INE752E07NT0 11 8.13% 333.00 25.04.2016 25.04.2027 ICRA, CARE & CRISIL
53 INE752E07NU8 12 8.13% 333.00 25.04.2016 25.04.2028 ICRA, CARE & CRISIL
53 INE752E07NV6 13 8.13% 333.00 25.04.2016 25.04.2029 ICRA, CARE & CRISIL
53 INE752E07NW4 14 8.13% 333.00 25.04.2016 25.04.2030 ICRA, CARE & CRISIL
53 INE752E07NX2 15 8.13% 333.00 25.04.2016 25.04.2031 ICRA, CARE & CRISIL
54 INE752E07NY0 5 7.97% 1000.00 15.07.2016 15.07.2021 ICRA, CARE & CRISIL
54 INE752E07NZ7 10 7.97% 1000.00 15.07.2016 15.07.2026 ICRA, CARE & CRISIL
54 INE752E07OA8 15 7.97% 1000.00 15.07.2016 15.07.2031 ICRA, CARE & CRISIL
55 INE752E07OB6 15 7.55% 1240.00 21.09.2016 21.09.2031 ICRA, CARE & CRISIL
Page 22 of 44
Series ISIN Tenor/ Period
of maturity (years)
Coupon Amount Issued Date of
Allotment
Redemption date/
Schedule Rating Agencies
56 INE752E07OC4 10 7.36% 1065.00 18.10.2016 18.10.2026 ICRA, CARE & CRISIL
57 INE752E07OD2 5 7.20% 2120.00 21.12.2016 21.12.2021 ICRA, CARE & CRISIL
58 INE752E07OE0 10 7.89% 2060.00 09.03.2017 09.03.2027 ICRA, CARE & CRISIL
59 INE752E07OF7 10 7.30% 3070.00 19.06.2017 19.06.2027 ICRA, CARE & CRISIL
60 INE752E07OG5 10 7.20% 3060.00 09.08.2017 09.08.2027 ICRA, CARE & CRISIL
62 INE752E07OH3 10 8.36% 2000.00 07.01.2019 07.01.2029 ICRA, CARE & CRISIL
Total 66714.625
Page 23 of 44
(c) Details of Unsecured debt securities (Bonds in form of NCD) as on 31.12.2019:
Rating : AAA Security : Unsecured
(Rs. In Crore)
Series ISIN Tenor/ Period of maturity
(years)
Coupon Amount Issued Date of Allotment
Redemption date/
Schedule
Rating Agencies
61 INE752E08502 11 7.74% 600.00 12.12.2017 12.12.2028 ICRA, CARE & CRISIL
61 INE752E08510 12 7.74% 600.00 12.12.2017 12.12.2029 ICRA, CARE & CRISIL
61 INE752E08528 13 7.74% 600.00 12.12.2017 12.12.2030 ICRA, CARE & CRISIL
61 INE752E08536 14 7.74% 600.00 12.12.2017 12.12.2031 ICRA, CARE & CRISIL
61 INE752E08544 15 7.74% 600.00 12.12.2017 12.12.2032 ICRA, CARE & CRISIL
63 INE752E08569 5 7.34% 600.00 15.07.2019 15.07.2024 ICRA, CARE & CRISIL
63 INE752E08577 10 7.34% 600.00 15.07.2019 15.07.2029 ICRA, CARE & CRISIL
63 INE752E08585 15 7.34% 600.00 15.07.2019 15.07.2034 ICRA, CARE & CRISIL
64 INE752E08593 5 7.49% 756.00 25.10.2019 25.10.2024 ICRA, CARE & CRISIL
64 INE752E08601 10 7.49% 756.00 25.10.2019 25.10.2029 ICRA, CARE & CRISIL
64 INE752E08619 15 7.49% 1008.00 25.10.2019 25.10.2034 ICRA, CARE & CRISIL
GOI INE752E08551 10 8.24% 3487.50 14.02.2019 14.02.2029 ICRA, CARE & CRISIL
Total 10807.50
Page 24 of 44
3.1 Details of secured/ unsecured loan facilities/ bank fund based facilities/ rest of the borrowing, if any, including hybrid debt like foreign currency convertible bonds (FCCB), optionally convertible debentures/ preference shares from banks or financial institutions or financial creditors, as on last quarter end:
A. Domestic Secured Loans (Facility) (as on 31.12.2019):
Type : Secured Rating Agencies : ICRA, CRISIL, CARE Rating : AAA
Security : Rupee Loans are secured by the way of (i) pari passu charge on the assets of the company except investments, land and
building ,roads and bridges ,water supply , drainage and sewerage and current assets or
(ii) pari passu charge on the assets of the company except investments and current assets or
(iii) floating charge on the immovable properties of the company.
(Rs. in Crore)
Lender's name/ Name of the Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding Repayment date/ schedule
State Bank of India Term Loan Line of Credit (LOC)
Rs. 5000 Crs through Agreement dated March21, 2012
3411.00 Repayable in Twenty two half yearly installment with 6 months moratorium after disbursement period of 4 years
State Bank of India Term Loan Line of Credit (LOC)
Rs. 10000 Crs through Agreement dated March19, 2014
9000.00
Repayable in 20 half yearly equal installments each commencing after the expiry of 5th year from the date of first disbursement.
12411.00
Page 25 of 44
B. Domestic Unsecured Loans (Facility) as on 31.12.2019:
Type : Un-Secured Rating Agencies : ICRA, CRISIL, CARE Rating : AAA
Security : NA (Rs. in Crore)
Lender's name/ Name of the
Bank
Nature of facility/
instrument Amount sanctioned
Principal Amount
Outstanding Repayment date/ schedule
HDFC Bank Ltd Term Loan Line of Credit (LOC)
Rs. 3000 Crs through agreement dated March 27, 2017
3000.00
Repayable in 20 half yearly equal installments each commencing after the expiry of 5.5 year from the date of first disbursement.
ICICI Bank Ltd. Term Loan Line of Credit (LOC)
Rs. 3270 Crs through agreement dated September 29, 2017
NIL
Repayable in 20 half yearly equal installments each commencing after the expiry of 5.5 year from the date of first disbursement.
State Bank of India Term Loan Line of Credit (LOC)
Rs. 5000 Crs through agreement dated March 12, 2018
5000.00
Repayable in 20 half yearly equal installments each commencing immediately after the expiry of 5th year from the date of first disbursement.
State Bank of India Term Loan Line of Credit (LOC)
Rs. 10000 Crs through agreement dated August 10, 2018
5923.40
Repayable in 20 half yearly equal installments each commencing immediately after the expiry of 5th year from the date of first disbursement.
13923.40
Page 26 of 44
C. Secured Foreign Currency Loan/ Borrowings as on 31.12.2019
Type : Secured Rating Agencies : NA Rating : NA Security : (a) Foreign Currency Loans (Guaranteed by Government of India (GoI) are secured by the
way of (i) pari passu interest in the lien created on the assets as security for the debts.
(b) Other Foreign Currency Loans are secured by way of (i) pari passu charge on the assets of the company except investments, land and
building ,roads and bridges, water supply, drainage and sewerage and current assets or
(ii) pari passu charge on the assets of the company except investments and current assets or
(iii) floating charge on the immovable properties of the company.
(Rs. in Crore)
Lender's name/ Name of the
Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding
Repayment date/ schedule
Guaranteed by GoI (Yes/No)
International Bank for Reconstruction and Development (World Bank) II
Facility of US$ 441.50 million through agreement dated June 13, 2001.
Facility of US$ 441.50 million through agreement dated June 13, 2001.
466.18 Repayment in 30 semiannual installments starting from December 15, 2006.
Yes
International Bank for Reconstruction and Development (World Bank) III
Facility of US$ 400.0 million through agreement dated May 2, 2006.
Facility of US$ 400.0 million through agreement dated May 2, 2006.
1,472.16 Repayment in 30 semiannual installments starting from September 15, 2011.
Yes
International Bank for Reconstruction and Development (World Bank) IV
Facility of US$ 576.86 million through agreement dated March 28, 2008.
Facility of US$ 576.86 million through agreement dated March 28, 2008.
2,732.62 Repayment in 30 semiannual installments starting from November 15, 2013.
Yes
Page 27 of 44
Lender's name/ Name of the
Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding
Repayment date/ schedule
Guaranteed by GoI (Yes/No)
International Bank for Reconstruction and Development (World Bank)IV Additional
Facility of US$ 400.0 million through agreement dated January 27, 2009.
Facility of US$ 400.0 million through agreement dated January 27, 2009.
2,200.62 Repayment in 52 semiannual installments starting from February 1, 2013.
Yes
International Bank for Reconstruction and Development (World Bank) V
Facility of US$ 1,000.0 million through agreement dated October 13, 2009.
Facility of US$ 1,000.0 million through agreement dated October 13, 2009.
6,089.22 Repayment in 49 semiannual installments starting from January 15, 2015.
Yes
Asian Development Bank II
Facility of US$ 250.0 million through agreement dated December 4, 2000 and restated agreement dated July 17, 2002
Facility of US$ 250.0 million through agreement dated December 4, 2000 and restated agreement dated July 17, 2002
219.83 Repayment in 30 semiannual installments starting from June 15, 2006.
Yes
Asian Development Bank III
Facility of US$ 400.0 million through agreement dated November 3, 2005
Facility of US$ 400.0 million through agreement dated November 3, 2005
1,456.53 Repayment in 30 semiannual installments starting from January 15, 2010.
Yes
Asian Development Bank IV
Facility of US$ 400.0 million through agreement dated March 28, 2008
Facility of US$ 400.0 million through agreement dated March 28, 2008
2,418.87 Repayment in 40 semiannual installments commencing on May 15, 2013
Yes
Asian Development Bank V
Facility of US$ 124.0 million through agreement dated March 27, 2009.
Facility of US$ 124.0 million through agreement dated March 27, 2009.
789.80 Repayment in 40 semiannual installments starting from August 1, 2014.
Yes
Page 28 of 44
Lender's name/ Name of the
Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding
Repayment date/ schedule
Guaranteed by GoI (Yes/No)
Asian Development Bank VI (2823-IND)
Multi-tranche foreign exchange loan of US$ 51.0 million through a loan agreement dated March30,2012
Multi-tranche foreign exchange loan of US$ 51.0 million through a loan agreement dated March30,2012
345.85 Repayment in 40 half yearly installments starting from June 1, 2017.
Yes
Asian Development Bank VII (2787-IND)
Multi-tranche foreign exchange loan of US$ 500.0 million through a loan agreement dated March 30, 2012
Multi-tranche foreign exchange loan of US$ 500.0 million through a loan agreement dated March 30, 2012
3,443.79 Repayment in 40 semiannual installments starting from February 1, 2017.
Yes
Asian Development Bank VIII (2788-IND)
Facility of US$ 250.00 million through agreement dated 30.03.2012
Facility of US$ 250.00 million through agreement dated 30.03.2012
1,252.12
Repayment in 22 equal half yearly installments starting from August 01, 2016
Yes
Bank of India, Cayman Islands
Facility of US$ 100.0 million through agreement dated May 28, 1999
Facility of US$ 100.0 million through agreement dated May 28, 1999
113.45
Repayment in 38 equal consecutive half-yearly installments starting from June 10, 2004
No
IFC-A LOAN (31419)
Facility of US$ 100.00 million through agreement dated 24.07.2012
Facility of US$ 100.00 million through agreement dated 24.07.2012
538.95 Repayment in 20 equal half yearly installments starting from September15, 2017
No
Page 29 of 44
Lender's name/ Name of the
Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding
Repayment date/ schedule
Guaranteed by GoI (Yes/No)
ICFF LOAN Debt Pool LLP (31419)
Facility of US$ 50.00 million through agreement dated 24.07.2012
Facility of US$ 50.00 million through agreement dated 24.07.2012
269.48 Repayment in 20 equal half yearly installments starting from September15, 2017
No
NORDIC INVESTMENT BANK
Facility of SEK607Million and EURO 8.60Million through agreement dated 19.12.2011
Facility of SEK607Million and EURO 8.60Million through agreement dated 19.12.2011
161.67
Repayment in 10 equal consecutive half yearly installments starting from 31st August 2016.
No
Asian Development Bank IX (3365 - IND)
Facility of US$ 500.00 million through agreement dated 23.02.2017
Facility of US$ 500.00 million through agreement dated 23.02.2017
3,476.87 Repayment in 28 equal half yearly installments starting from June 1, 2021
Yes
Asian Development Bank X (3521 - IND)
Facility of US$ 175.00 million through agreement dated 05.04.2017
Facility of US$ 175.00 million through agreement dated 05.04.2017
698.88 Repayment in 30 equal half yearly installments starting from May 15, 2022
Yes
Asian Development Bank XI
Facility of US$ 50.00 million through agreement dated 05.04.2017
Facility of US$ 50.00 million through agreement dated 05.04.2017
359.30 Repayment in 60 half yearly installments starting from May 15, 2027
Yes
Asian Development Bank XII
Facility of US$ 500.00 million through agreement dated 17.08.2017
Facility of US$ 500.00 million through agreement dated 17.08.2017
3,019.44 Repayment in 22 half yearly installments starting from Dec 15, 2021
No
Page 30 of 44
Lender's name/ Name of the
Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding
Repayment date/ schedule
Guaranteed by GoI (Yes/No)
AIIB
Facility of US$ 100.00 million through agreement dated07.12.2017
Facility of US$ 100.00 million through agreement dated07.12.2017
436.12 Repayment in 16 half yearly installments starting from Mar 15, 2021
Yes
31961.75
Page 31 of 44
D. Unsecured Foreign Currency Loan/ Borrowings Type : Unsecured Rating Agencies : NA Rating : NA Security : NA
(Rs. in Crore)
Lender's name/ Name of the Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding Repayment date/ schedule
Credit National (now known as Natixis) acting on behalf of the French Government
Facility of Euros 26.3 million through agreement dated March 11, 1994
Facility of Euros 26.3 million through agreement dated March 11, 1994
57.44 48 Semiannual installments for each tranche starting September 30, 2004.
The Overseas Economic Cooperation Fund (now known as Japan International Cooperation Agency)
Facility of Japanese Yen8,497.0 million through agreement dated February 25, 1997
Facility of Japanese Yen8,497.0 million through agreement dated February 25, 1997
90.80 41 semiannual installments beginning February 20, 2007
AB SEK LOAN
Facility of SEK3894.5 million through agreement dated 21.12.2011
Facility of SEK3894.5 million through agreement dated 21.12.2011
1542.39 24 Semiannual installments beginning December 15, 2015
AB SEK LOAN
Facility of EUR55.01 million through agreement dated 21.12.2011
Facility of EUR55.01 million through agreement dated 21.12.2011
253.90 24 Semiannual installments beginning December 15, 2015
Page 32 of 44
Lender's name/ Name of the Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding Repayment date/ schedule
KFW
Green Energy Corridors[GEC], Interstate Transmission Systems[ISTS] Loan KFW Euro 500 million Agreement Dated 17.12.2014
Green Energy Corridors[GEC], Interstate Transmission Systems[ISTS] Loan KFW Euro 500 million Agreement Dated 17.12.2014
3,721.62 21 equal half yearly installment beginning December 31,2019
Sumitomo Mitsui Banking Corporation , Singapore
Facility of JPY ¥ 22 billion through agreement dated December 10, 2018
Facility of JPY ¥ 22 billion through agreement dated December 10, 2018
1,465.20 5 equal annual installment beginning February 02, 2027
KFW II
Loan KFW Euro 200 million Agreement Dated 28.12.2018
Loan KFW Euro 200 million Agreement Dated 28.12.2018
729.54 21 equal half yearly installment beginning May 15, 2022
7860.89
Page 33 of 44
E. Unsecured Rated Foreign Currency Bonds
Rating Agencies : S&P and Fitch Rating : BBB (-) (Rs. in Crores)
Lender's name/ Name of the Bank
Nature of facility/
instrument
Amount sanctioned
Principal Amount
Outstanding Repayment date/ schedule
Foreign Currency Notes
Foreign currency notes of USD 500 Million Agreement dated 17.01.2013
Foreign currency notes of USD 500 Million Agreement dated 17.01.2013
3,593.00 Bullet repayment on 17.01.2023
Page 34 of 44
3.2 The amount of corporate guarantee or letter of comfort issued by the issuer along with name of the counterparty (like name of the subsidiary, JV entity, group company, etc.) on behalf of whom it has been issues, contingent liability including debt service reserve account (DSRA) guarantees/ any put option etc.
(Rs. in Crore)
Sl No. Name of Subsidiary Amount of Corporate Guarantee
Date of Issue Purpose
1 POWERGRID Vizag Transmission Limited
500.00 06th May, 2015
Guarantee the dues and punctual payment and discharge of the obligations by POWERGRID under the bonds issues or to be issued by the said subsidiary
Page 35 of 44
4. Issue Information
4.1 Details of current tranche including ISIN, amount, date of issue, maturity, all credit ratings including unaccepted ratings, date of rating, name of credit rating agency, its validity period (details of credit rating letter issued not older than one month on the date of opening of the issue), details of issuing and paying agent and other conditions, if any.
DATE OF CONTRACT 05-March-2020 / 06-March-2020
PROPOSED DATE OF ISSUE 11-March-2020
ISSUE SIZE Rs.500Crore
GREEN SHOE OPTION 0
ISSUE SIZE (INCL. GREEN SHOE OPTION)
Rs. 500Crore
CP (MATURITY VALUE) Rs. 500Crore
CP (MATURITY DATE) 18-May-2020
PRICE Rs 99.0515 (For Rs100)
DISCOUNT RATE 5.14% p.a.
SETTLEMENT AMOUNT Rs500 Crore
ISSUE REFERENCE POWERGRID/2019-20/CP-Series-38
ISIN CODE INE752E14419
Credit Rating For CP [ICRA] A1+ CRISIL A1+ CARE A1+
Date of Rating 14-February-2020 13-February-2020 25-February-2020
Validity for issuances 13-May-2020 12-April-2020 24-April-2020
Validity period for rating Valid till Life of Issue Valid till Life of Issue Valid till Life of Issue
For Amount Upto Rs.9000 Crore Upto Rs.9000 Crore Upto Rs.9000 Crore
Conditions (If Any) Not Applicable
CREDIT SUPPORT (if any) None
ISSUING AND PAYING AGENT
State Bank of India (Corporate Accounts Group Branch) 4th & 5th Floor, Redfort Capital, Parsvnath Towers Bhai Veer Singh Marg, Gole Market, New Delhi-110001 Email:[email protected]; [email protected]
Page 36 of 44
4.2 CP borrowing limit, supporting board resolution for CP borrowing, details of CP
issued during the last 15 months.
CP Borrowing limit has been set at Rs. 9000 Crore (copy of Board resolution attached as Annexure-I). Details of CP issued during the last 15 months are as under:
Rating Agencies : ICRA, CRISIL, CARE Rating : A1+ IPA : State Bank of India (Corporate Accounts Group
Branch) 4th & 5th Floor, Redfort Capital, Parsvnath Towers Bhai Veer Singh Marg, Gole Market, New Delhi-110001 Email:[email protected]; [email protected]
(Rs. in Crore)
ISIN Issue Date Amount Maturity Date Amt. O/S
INE752E14096 10.07.2018 1000 08.10.2018 NIL
INE752E14104 14.09.2018 700 15.11.2018 NIL
INE752E14120 19.09.2018 650 29.11.2018 NIL
INE752E14112 19.09.2018 650 30.11.2018 NIL
INE752E14138 08.10.2018 1000 28.12.2018 NIL
INE752E14146 15.11.2018 700 13.02.2018 NIL
INE752E14153 30.11.2018 325 29.01.2019 NIL
INE752E14161 30.11.2018 325 30.01.2019 NIL
INE752E14179 28.12.2018 1000 14.03.2019 NIL
INE752E14195 29.01.2019 400 28.02.2019 NIL
INE752E14187 29.01.2019 400 01.03.2019 NIL
INE752E14203 12.03.2019 1300 10.05.2019 NIL
INE752E14211 14.03.2019 1000 12.06.2019 NIL
INE752E14229 20.03.2019 700 20.05.2019 NIL
INE752E14237 10.05.2019 1300 08.08.2019 NIL
Page 37 of 44
ISIN Issue Date Amount Maturity Date Amt. O/S
INE752E14245 20.05.2019 700 18.07.2019 NIL
INE752E14252 12.06.2019 270 06.09.2019 NIL
INE752E14260 12.06.2019 700 05.09.2019 NIL
INE752E14278 18.07.2019 700 15.10.2019 NIL
INE752E14286 08.08.2019 650 06.11.2019 NIL
INE752E14294 08.08.2019 650 05.11.2019 NIL
INE752E14302 29.08.2019 600 15.11.2019 NIL
INE752E14310 03.09.2019 1200 26.11.2019 NIL
INE752E14328 12.09.2019 500 11.10.2019 NIL
INE752E14328 13.09.2019 500 11.10.2019 NIL
INE752E14336 01.10.2019 800 27.12.2019 NIL
INE752E14344 11.10.2019 1000 09.01.2020 NIL
INE752E14351 18.10.2019 1100 16.01.2020 NIL
INE752E14369 15.11.2019 500 13.02.2020 NIL
INE752E14377 26.11.2019 600 24.02.2020 NIL
INE752E14385 27.12.2019 500 26.03.2019 500
INE752E14393 16.01.2020 1200 18.03.2020 1200
4.3 End-use funds.
Working Capital Purpose
4.4 Credit Support/ enhancement (if any):
i. Details of instrument, amount, Guarantor Company. NA
ii. Copy of the executed guarantee. NA
iii. Net worth of the guarantor company. NA
Page 38 of 44
iv. Names of companies to which guarantor has issued similar guarantee. NA
v. Extent of the guarantee offered by the guarantor company. NA
vi. Conditions under which the guarantee will be invoked. NA
Financial Information:
5.1 Audited/ Limited review half yearly consolidated (whether available) and standalone financial information (Profit & Loss statement, Balance Sheet and Cash Flow statement) along with auditor qualifications, if any, for last three years along with latest available financial results. For Audited Financial Results (consolidated and standalone financial information) along with auditor qualifications, if any, please refer the links below: 2019-20 (Q3): https://www.powergridindia.com/sites/default/files/NSEufr31012020.pdf 2019-20 (H1): http://www.powergridindia.com/sites/default/files/Q2FY_2019_20.pdf 2018-19: https://www.powergridindia.com/sites/default/files/NSE_AR_dt29072019.pdf 2017-18: https://www.powergridindia.com/sites/default/files/Annual_Report_2017_18.pdf 2016-17: https://www.powergridindia.com/sites/default/files/AR-2016-17.pdf In case an issuer is required to prepare financial results for the purpose of consolidated financial results in terms of Regulation 33 of SEBI LODR Regulations. Latest available quarterly financial results should be filed. 5.2 Latest audited financials should not be older than six month from the date of application for listing. Provided that listed issuers (who have already listed their specific securities and/ or ‘Non-convertible Debt Securities’ (NCDs) and/or ‘Non-Convertible Redeemable Preference Shares (NCRPS) who are in compliance with SEBI (Listing obligations and disclosure requirements) Regulations 2015 (hereinafter “SEBI LODR Regulations”), and/or issuers (who have outstanding listed Commercial Paper (CPs)) who are in compliance with Annexure II of CP Circular may file unaudited financials with limited review for the stub period in the current financial year, subject to making necessary disclosures in this regard including risk factors.
6. Asset Liability Management (ALM) Disclosures: 6.1 NBFCs seeking to list their CPs shall make disclosures as specified for NBFCs in
SEBI Circular nos. CIR/IMD/DF/12/2014, dated June 17, 2014 and CIR/IMD/DF/6/2015,
Page 39 of 44
dated September 15, 2015, as revised from time to time. Further, “Total assets under management”, under para 1.a of Annexure I of CIR/IMD/DF/6/2015, dated September 15, 2015 shall also include details of off balance sheet assets.
NA
6.2 HFCs shall make disclosures as specified for NBFCs in SEBI Circular No. CIR/IMD/DF/6/2015, dated September 15, 2015, as revised from time to time with appropriate modifications viz. retail housing loan, loan against property, wholesale loan- developer and others.
NA
Page 40 of 44
ANNEXURE-I
Page 41 of 44
Page 42 of 44
Page 43 of 44
Page 44 of 44
Top Related