NLC India has raised Rs 1175 crore through the allotment of 11750 nos. of Unsecured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds of Face Value of Rs 10 lakh each, (Series I of 2021) in the nature of Debentures on February 2, 2021 at a coupon of 6.05% p.a. maturing on February 2, 2026.
NLC India is engaged in the business of lignite mining and power generation.