New Delhi, May 6 (PTI) NLC India Ltd on Thursday said it has raised Rs 650 crore by issuing commercial paper.

"We wish to inform that 13,000 nos of commercial paper of a face value of Rs 5,00,000 each, aggregating to Rs 650 crore have been issued and allotted on May 5, 2021," the company said in a filing to BSE.

NLC India, a 'Navratna' company under the Ministry of Coal, is into coal and lignite mining and power generation.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)