Power sector bonds are issued by companies in electricity generation, transmission, and distribution in India. The sector includes both state-backed and private issuers, and yields vary widely with credit rating. Power bonds listed on online bond platforms typically offer 7–11% yield to maturity.
Power sector bonds come from companies across electricity generation, transmission, and distribution in India. The sector includes both state-backed and private issuers, and credit quality varies accordingly — from AAA-rated government-linked financiers to lower-rated private generators. Sector-specific factors include regulated tariffs, payment cycles of state distribution companies, and fuel supply economics, all of which feed into credit ratings. Yields on listed power sector bonds typically range from 7% to 11% by rating and tenure.
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12 Bonds Found
Sorted by YTM. Not a recommendation.| Issuer | Rating | YTM | Coupon | Maturity | Platforms |
|---|---|---|---|---|---|
| India Grid Trust INE219X07264 | AAA | — | 8.20% | 4.8Y | 1 |
| U P Power Corporation Limited INE540P07350 | AA- | — | 10.15% | 1.4Y | 1 |
| U P Power Corporation Limited INE540P07475 | A+ | — | 9.95% | 1.7Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2033 INE579F24040 | A | — | 8.05% | 6.6Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2032 INE579F24057 | A | — | 8.05% | 5.6Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2035 INE579F24073 | A | — | 8.05% | 8.6Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2034 INE579F24081 | A | — | 8.05% | 7.6Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2029 INE579F24099 | A | — | 8.05% | 2.6Y | 1 |
| NASHIK MUNICIPAL CORPORATION 2036 INE579F24107 | A | — | 8.05% | 9.6Y | 1 |
| Meghalaya Energy Corporation Ltd INE760I07037 | A | — | 11.45% | 3.5Y | 1 |
| Meghalaya Energy Corporation Ltd INE760I07045 | A- | — | 11.01% | 4.4Y | 1 |
| Meghalaya Energy Corporation Ltd INE760I07052 | A | — | 11.01% | 4.5Y | 1 |
Frequently Asked Questions
Which companies issue power sector bonds in India?
Issuers span electricity generation, transmission, and distribution — from government-linked financiers and utilities to private generators and renewable energy companies. Credit quality varies widely across the sector, which is why ratings range from AAA down to the A and BBB tiers.
What yields do power sector bonds offer?
Listed power sector bonds typically yield 7–11% depending on the issuer's credit rating and the bond's tenure. State-backed issuers tend to sit at the lower end of that range, while private and lower-rated issuers pay more.
What risks are specific to power sector bonds?
Beyond standard credit and interest-rate risk: regulated tariff changes, delayed payments from state distribution companies (discoms), fuel supply economics, and project execution risk for new capacity. Rating agencies factor these into the issuer's rating and outlook.
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Data is for informational purposes only. BondDekho is not SEBI-registered and does not provide investment advice. Bond yields and ratings are subject to change. Verify details on respective platforms before investing. Sorted by Yield to Maturity. Not a recommendation.