MoneyWorks4Me

CARE Ratings assigns rating for JSW Energy’s Rs 300 crore NCD issue

09 Jan 2020 Evaluate

Credit rating agency, CARE Ratings has assigned the rating of ‘AA-/Credit Watch with Negative implications’ for JSW Energy’s Rs 300 crore Non-Convertible Debenture (NCD) Issue. Further, the ratings on the outstanding NCDs are re-affirmed at ‘AA-/Credit Watch with Negative implications’.

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
View more..