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.