Key Quantitative Figures
Credit rating agency Care Ratings Limited has taken the following rating actions on long-term bank facilities of six step-down subsidiaries:
- ES Sun Power Private Limited: CARE A+; Stable (Reaffirmed)
- ES Energy Private Limited: CARE A+; Stable (Reaffirmed)
- ES Solar Private Limited: CARE A+; Stable (Reaffirmed)
- O2 Renewable Energy II Private Limited: CARE A+; Stable (Reaffirmed)
- O2 Renewable Energy XII Private Limited: CARE A+; Stable (Upgraded)
- O2 Renewable Energy XV Private Limited: CARE A+; Stable (Upgraded)
Dates of Action
The rating actions were taken by CARE Ratings Limited on 31st August 2026. The disclosure was made by JSW Energy Limited on 1st September 2026.
Parties Involved
- JSW Energy Limited (Parent company making disclosure)
- Care Ratings Limited (Credit rating agency)
- Six step-down subsidiaries: ES Sun Power Private Limited, ES Energy Private Limited, ES Solar Private Limited, O2 Renewable Energy II Private Limited, O2 Renewable Energy XII Private Limited, O2 Renewable Energy XV Private Limited
Additional Information
The press release regarding these rating actions is available on Care Ratings' website at www.careratings.com.