NTPC Ltd.

Fitch Ratings (Fitch) has reaffirmed rating of NTPC’s India's sovereign rating as ‘BBB-’ with a change in outlook to negative from stable. The issuer credit rating assigned to the company by Fitch has also been reaffirmed as ‘BBB-’ with a change in outlook to negative from stable.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.