Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to RattanIndia Power’s long-term bank facilities worth Rs 7692.14 crore. The rating agency has also reaffirmed ‘A3’ rating to the company’s short-term bank facilities worth Rs 265.00 crore.
The ratings assigned to the bank facilities of the company take into consideration the achievement of Commercial Operation Date (COD) for Phase-I of Amravati Power Project (APP-I).
RattanIndia Power (formerly Indiabulls Power) was established to capitalize on emerging opportunities in the Indian power sector. It develops and intends to operate and maintain power projects in India.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: