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India Ratings assigns Long Term Issuer Rating of ‘AA+’ to SJVN

19 Jul 2014 Evaluate

Credit rating agency, India Ratings & Research has assigned SJVN’s Long Term Issuer Rating of ‘AA+’ with stable outlook. The agency has also assigned the company’s Rs 400 crore term loans rating as ‘AA+’.

SJVN is a joint venture between the Central government and Himachal Pradesh state government. The company owns and operates India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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