Credit rating agency, Credit Analysis & Research (CARE) has assigned ratings to banking facilities of BGR Energy Systems. The credit rating agency has assigned ‘BBB+’ rating to the Long-term bank facilities amounting Rs 3,111 crore. The agency has also assigned ‘BBB+/A2’ rating to Long/Short term bank facilities amounting Rs 8,590 crore.
BGR Energy Systems is engaged in supplying of systems and equipment and contracting turnkey engineering project. The company started as a joint venture between GEA Energietechnik GmbH, Germany and the promoter B G Raghupathy in order to produce and sell on-line condenser tube cleaning systems, debris filters and rubber cleaning balls used in thermal and nuclear power plants.
Company Name | CMP |
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Larsen & Toubro | 3367.65 |
Rail Vikas Nigam | 275.20 |
KEC International | 756.15 |
Kalpataru Projects | 1183.55 |
NCC | 252.70 |
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