Credit rating agency, (ICRA) has revised rating of Reliance Power’s commercial paper programme of Rs. 1000 crore to A1.
The revised rating indicates that instruments with this rating have a very strong degree of safety regarding timely payment of financial obligations and they also carry the lowest credit risk.
Reliance Power is part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally. The company on its own and through subsidiaries is currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW, one of the largest portfolios of power generation assets under development in India.
Company Name | CMP |
---|---|
NTPC | 371.90 |
Tata Power | 441.70 |
Power Grid Corp | 325.45 |
Adani Power | 680.25 |
Torrent Power | 1422.00 |
View more.. |