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CARE upgrades rating of Jindal Steel and Power

30 Dec 2020 Evaluate

Credit rating agency -- Care Rating has upgraded Jindal Steel and Power’s Long Term Bank Facilities and Non-Convertible Debentures from ‘BBB-’ with Stable outlook to ‘BBB+’ with Stable outlook and short term facilities has upgraded from ‘A3’ to ‘A2’.

JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.

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