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ICRA to launch fresh set of ratings for toll road project

16 Mar 2017 Evaluate

Credit rating services major ICRA is all set to launch fresh set of ratings for a toll road project, a transmission network and an annuity road project under the new expected loss-based credit rating approach for the infrastructure sector.

The move comes in the backdrop of the Budget expressing the need for a new rating approach for infrastructure companies and initiatives of the Ministry of Finance and new norms formulated and announced by ICRA for the sector.

 

Peers
Company Name CMP
CRISIL 4573.20
ICRA 4610.15
Care Ratings 1649.55
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