Tamil Nadu, established in 1970 and located in southern India, serves as a pivotal state government entity focused on fostering economic growth and infrastructure development. The company offers a range of services including public infrastructure projects, urban development, and social welfare programs to enhance the quality of life in the region.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tamil Nadu has been an active bond issuer since the mid-1990s, utilizing bond issuance as a key tool for financing large-scale infrastructure projects. Notably, in 2021, the state launched a substantial ?3,000 crore bond offering aimed at improving transportation networks, achieving a yield of 6.9%, competitive within the state utilities sector. Recent developments include the introduction of Green Bonds in 2022 to fund eco-friendly projects, positioning Tamil Nadu at the forefront of sustainable financing in India.