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S&P upgrades outlook on NHPC’s corporate credit rating to ‘BBB-/stable’

29 Sep 2014 Evaluate

Standard & Poor’s (S&P) has upgraded the outlook on National Hydroelectric Power Corporation’s (NHPC) corporate credit rating from ‘BBB-/negative’ to ‘BBB-/stable’. The rating agency has recently upgraded India’s credit outlook to stable from negative.

NHPC is an Indian Hydro Power Generation company that was incorporated with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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