Credit rating agency, Fitch Ratings has affirmed India-based NHPC’s long-term foreign and local currency issuer default ratings (IDRs) at ‘BBB-’ with stable outlook. The company has received the said rating as it has moderate to strong linkages with its 86% shareholder - the Government of India.
NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.
