Credit rating agency, Crisil has reaffirmed ‘AA/Stable’ rating to Praj Industries’ proposed long term bank loan facility and ‘A1+/ Stable’ rating to company’s Letter of Credit & Bank Guarantee. The rating agency has also reaffirmed ‘AA/Stable’ ratings to company’s Cash Credit.
Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.