The Tata Power Company Limited

The Tata Power Company Limited is an Indian company in the power industry with 6 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.05% to 7.77% a year. Maturity dates run from 19 Dec 2028 to 14 Jul 2031. NSDL records 0 of the 6 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Stable) (action dated 9 Jul 2026); CRISIL AA+ (Stable) (action dated 7 Jul 2026). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
The Tata Power Company Limited
CIN
L28920MH1919PLC000567
LEI
335800H5R3TGTJ7LQ663
Industry
Power
Business
Electric Utilities
Ownership
Non PSU
ISIN issuer code
INE245A
Outstanding bonds (ISINs)
6 (plus 3 matured)
Stated coupons (fixed rate)
7.05% – 7.77%
Maturity dates
19 Dec 2028 – 14 Jul 2031
Secured (NSDL)
0 of 6
Combined issue size of outstanding bonds
₹4,000 crore
Traded on
BSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

The Tata Power Company bonds: ISIN, coupon and maturity

6 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE245A08281 NCD 7.05% Yearly 19 Dec 2025 19 Dec 2028 ₹1,00,000 1,000 Unsecured None recorded — CRISIL AA+ 11 Dec 2025
INE245A08232 NCD 7.77% Yearly 24 Mar 2021 23 Mar 2029 ₹10,00,000 150 Unsecured None recorded — CRISIL AA+ 19 Apr 2024
INE245A08224 NCD 7.77% Yearly 24 Mar 2021 22 Mar 2030 ₹10,00,000 150 Unsecured None recorded — CRISIL AA+ 19 Apr 2024
INE245A08299 NCD 7.25% Yearly 19 Dec 2025 19 Dec 2030 ₹1,00,000 1,000 Unsecured None recorded — CRISIL AA+ 11 Dec 2025
INE245A08240 NCD 7.77% Yearly 24 Mar 2021 24 Mar 2031 ₹10,00,000 200 Unsecured None recorded — CRISIL AA+ 19 Apr 2024
INE245A08307 NCD 7.5% Yearly 14 Jul 2026 14 Jul 2031 ₹1,00,000 1,500 Unsecured None recorded BSE CRISIL AA+ 7 Jul 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

The Tata Power Company credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AA+ Stable Reaffirm 9 Jul 2026 6 Checked 7 Nov 2026
CRISIL AA+ Stable New 7 Jul 2026 6 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
9 Jul 2026 India Ratings AA+ Stable Reaffirm
7 Jul 2026 CRISIL AA+ Stable New
12 Dec 2025 India Ratings AA+ Stable New
11 Dec 2025 CRISIL AA+ Stable New
7 Feb 2025 India Ratings AA+ Stable Reaffirm
19 Apr 2024 CRISIL AA+ Stable Upgrade
9 Feb 2024 India Ratings AA+ Stable Reaffirm
24 Jan 2024 India Ratings AA+ Stable Upgrade
21 Nov 2023 CRISIL AA Positive Reaffirm
21 Jun 2023 India Ratings AA Stable Reaffirm
20 Dec 2022 India Ratings AA Stable Reaffirm
16 Feb 2022 India Ratings AA Stable Reaffirm
18 Mar 2021 CRISIL AA Stable —
17 Feb 2021 India Ratings AA Stable —

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
14 Jul 2026 INE245A08307 14 Jul 2031 Placement memorandum on BSE
19 Dec 2025 INE245A08281 19 Dec 2028 Placement memorandum on BSE
18 Dec 2025 INE245A08299 19 Dec 2030 Placement memorandum on BSE
24 Mar 2021 INE245A08232 23 Mar 2029 Placement memorandum on BSE
24 Mar 2021 INE245A08224 22 Mar 2030 Placement memorandum on BSE
24 Mar 2021 INE245A08240 24 Mar 2031 Placement memorandum on BSE
23 Feb 2021 INE245A08216 23 Feb 2026 Placement memorandum on BSE
23 Feb 2021 INE245A08208 23 Feb 2024 Placement memorandum on BSE
27 Nov 2020 INE245A08190 27 Nov 2023 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

The Tata Power Company bonds: questions and answers

What bonds has The Tata Power Company Limited issued?

The Tata Power Company Limited has 6 outstanding bonds recorded on this page. By type, as described by NSDL: 6 NCDs. 3 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of The Tata Power Company Limited bonds?

Its 6 outstanding bonds each have their own ISIN, for example INE245A08281, INE245A08232, INE245A08224. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE245A.

What coupon rates do The Tata Power Company Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.05% to 7.77% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do The Tata Power Company Limited bonds mature?

Its outstanding bonds have maturity dates from 19 Dec 2028 to 14 Jul 2031. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of The Tata Power Company Limited bonds?

NSDL India Bond Info records India Ratings AA+ (Stable) (action dated 9 Jul 2026); CRISIL AA+ (Stable) (action dated 7 Jul 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are The Tata Power Company Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 6 outstanding bonds whose terms it holds as secured and 6 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for The Tata Power Company Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of The Tata Power Company Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 29 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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