Key Quantitative Figures & Rating Action
India Ratings and Research (Ind-Ra) has upgraded the credit rating for the bank loan facilities of JSW Renewable Energy (Vijayanagar) Limited, a step-down subsidiary of JSW Energy Limited. The rating has been revised upwards from 'IND A+/Stable' to 'IND AA-/Stable'.
Parties Involved
- Disclosing Entity: JSW Energy Limited
- Subject of Disclosure: JSW Renewable Energy (Vijayanagar) Limited (a step-down subsidiary)
- Rating Agency: India Ratings and Research (Ind-Ra)
- Stock Exchanges: BSE Limited (Scrip Code: 533148) and National Stock Exchange of India Limited (Symbol: JSWENERGY – EQ)
Additional Information
The official press release from India Ratings is available on their website at www.indiaratings.co.in.
The letter was signed by Monica Chopra, Company Secretary of JSW Energy Limited.