NLC India Ltd, founded in 1956 and headquartered in Neyveli, India, is a public sector enterprise focused on the exploration, generation, and distribution of electricity, primarily through lignite mining and thermal power generation. The company plays a significant role in India’s energy sector, providing critical resources and services through its extensive power generation fleet and mining operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NLCIN 6.05% 2026-02-12 INRNLC India Ltd | India | 2026-02-12 | 6.050 | 6.31 |
| NLCIN 8.09% 2029-05-29 INRNLC India Ltd | India | 2029-05-29 | 8.090 | 6.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NLC India has been active in the bond market since the early 2000s, with a noteworthy issuance of bonds in 2002 aimed at funding expansion projects. The company’s recent bond issuances have included green bonds, aligning with its commitment to renewable energy, and have attracted investor interest due to competitive yields when compared to industry counterparts. As of late 2023, NLC India’s bonds have exhibited stable performance, bolstered by consistent credit ratings and robust business fundamentals, while its ongoing efforts in sustainable development continue to enhance its market appeal.