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NLC India raises Rs 500 crore through bonds

21 Dec 2021 Evaluate

NLC India has raised Rs 500 crore through Unsecured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds and allotted 5000 nos. of bonds of face value of Rs 10,00,000 each in the nature of Debentures on December 20, 2021. 

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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