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NLC India raises Rs 500 crore through Commercial Paper

21 Jul 2020 Evaluate

NLC India has raised Rs 500 crore through Commercial Paper (CPs) and allotted 10,000 Commercial Paper of a face value of Rs 5,00,000 each in favour of ICICI Prudential Liquid Fund.

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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