MoneyWorks4Me

Brickwork Ratings assigns ‘BBB-‘rating for Orient Green’s Rs 214 crore bank loan facilities

29 Nov 2012 Evaluate

Brickwork Ratings has assigned ‘BBB-‘ rating to Orient Green Company’s Rs 214 crore fund based/ non fund based long term limits facility. The rating indicates a stable outlook. Further, the rating is valid for twelve months.

Orient Green Company is leading Indian independent renewable energy-based power Generation Company focused on developing, owning and operating a diversified portfolio of renewable energy power plants. The company is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity.

Peers
Company Name CMP
NTPC 321.00
Tata Power 362.00
Adani Power 196.30
Power Grid Corpn. 262.20
Adani Energy Solut. 1286.65
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