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ICRA assigns ‘SP 2A’ grading to Ujaas Energy

31 Mar 2015 Evaluate

Credit rating agency, ICRA has assigned ‘SP 2A’ grading to Ujaas Energy, indicating the ‘High Performance Capability’ and ‘Highest Financial Strength’ of the channel partner to undertake off-grid solar projects. The grading is valid for a period of two year from February 26, 2015 after which it will be kept under surveillance.

Ujaas Energy is engaged in manufacturing of power transformers, distribution transformers, furnace transformers and special purpose transformers.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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