NLC India Secures AAA Rating from Acuité for ₹1,000 Crore ECB
Chennai, 10 March 2026: NLC India Limited has received the highest credit rating ACUITE AAA with a Stable outlook from Acuité Ratings & Research Limited for its ₹1,000 crore External Commercial Borrowing (ECB).
According to the company’s regulatory filing under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Acuité has assigned the AAA rating with a stable outlook to the ECB facility. Additionally, the rating agency has reaffirmed the ACUITE AAA | Stable rating for the company’s ₹950 crore term loan.
The AAA rating indicates the highest level of creditworthiness and a strong capacity to meet financial commitments, reflecting NLC India’s stable financial profile and operational strength.
NLC India stated that the disclosure has been submitted to both major stock exchanges — National Stock Exchange of India and BSE Limited — for information and record purposes.
Key Rating Details
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External Commercial Borrowing: ₹1,000 crore – ACUITE AAA | Stable (Assigned)
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Term Loan: ₹950 crore – ACUITE AAA | Stable (Reaffirmed)
About NLC India Limited
NLC India Limited is a Navratna public sector enterprise engaged in lignite mining, power generation, and renewable energy development. Headquartered in Chennai, the company operates major energy projects across India and plays a key role in supporting the country’s power generation capacity.