Credit, rating agency, India Ratings & Research (Fitch) has assigned ‘A’ rating with a positive outlook to the HPL Electric & Power’s long-term bank facility. The credit rating agency has also reaffirmed rating assigned to the company’s short term and commercial paper rating to ‘A1’.
HPL Electric & Power is an electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.
