ICRA has reaffirmed A1+s rating to KEC International’s (KEC) Commercial Paper (CP) Programme aggregating to Rs 75 crore which was enhanced from Rs 50 crore. The company has received the said rating on the back of Standby Letters of Comfort in place from Central Bank of India for Rs 50 crore, and Allahabad Bank for Rs 25 crore.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
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