The credit rating agency, ICRA has revised Techno Electric & Engineering Company’s Long Term Rating of Line of Credit (LOC) to ‘AA’ from ‘AA-’. The Outlook on the Long-term rating is revised to stable from positive. The rating agency has reaffirmed the short term rating of the company at ‘A1+’.
Techno Electric & Engineering Company is a provider of engineering, procurement and construction (EPC) services to core sector industries in India. The company’s segments are EPC (Construction), Energy (Power) and Corporate.
