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CRISIL reaffirms rating of Kalpataru Power Transmission’s bank borrowing/ NCDs

19 Feb 2013 Evaluate

Credit rating agency, CRISIL has reaffirmed ‘A1+’ rating to Kalpataru Power Transmission’s short term bank borrowing/ NCDs and ‘AA/ Stable’ rating to company’s long term bank borrowing/ NCDs.

Another credit rating agency, CARE also reaffirmed ‘A1+’ rating to company’s short term bank borrowing/ NCDs and ‘AA’ rating to company’s long term bank borrowing/ NCDs.

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil and gas pipeline, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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