Credit rating agency, CARE has reaffirmed A+ rating to McNally Bharat Engineering Company’s long term bank facilities worth Rs 3,779.80 crore. The rating agency has also reaffirmed A1+ rating to the company’s short term bank facilities worth Rs 300 crore.
The company has received the said rating reaffirmation on the back of its long and satisfactory track record, proven project execution capabilities, comfortable order book position & impressive client portfolio, sustained profitability and availability of captive equipment manufacturing facility.
McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc.
