Shares Bazaar

NLC India raises Rs 300 crore through Commercial Paper

The company has raised fund through allotment of 6,000 Nos. of Commercial Paper

NLC India has raised Rs 300 crore (Rs 250 crore and Rs 50 crore) through allotment of 6,000 Nos. of Commercial Paper of a face value of Rs 5,00,000 each. 

NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.