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NLC India gets nod to raise Rs 2,000 crore via CP

06 Jan 2020 Evaluate

NLC India has received approval for raising of funds through issuance of Commercial Paper (CP) upto Rs 2,000 crore in tranches. The Board of Directors of the Company at its meeting held on January 04, 2020 has approved the same.

NLC India is engaged in the business of lignite mining and power generation.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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