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Acuite Ratings assigns ‘AAA’ rating to NLC India’s Bank Loan Facility

19 Aug 2023 Evaluate

Acuite Ratings & Research (Acuite) has reviewed and assigned ‘AAA’ rating with stable outlook to NLC India’s Bank Loan Facility worth Rs 1000 crore, proposed for setting up of 300 MW Grid Connected Solar Power Project at Barsingsar.  

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

Peers
Company Name CMP
NTPC 311.10
Tata Power 341.95
Adani Power 189.00
Power Grid Corpn. 249.50
Adani Energy Solut. 1265.00
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