New Delhi: Crisil Ratings has upgraded its rating on the long-term bank facilities of Adani Power Ltd (APL) to ‘Crisil AA/Stable’ from ‘Crisil AA-/Positive’.
The global credit rating agency has also assigned its ‘Crisil AA/Stable’ rating to Rs 11,000 crore proposed non-convertible debentures (NCDs) of Adani Power.
The upgrade in rating reflects “Crisil Ratings’ expectation of strengthening in APL’s overall credit risk profile with strong improvement in the business parameters on account of increase in proportion of tied-up capacities as well as fuel linkages”, it said in a ‘Rating Rationale’ note.
The same will improve revenue and cash flow visibility over the long term.
“Similarly, full recovery of pending regulatory dues, robust liquidity and sustaining of receivable position has also resulted in stronger credit metrics and financial risk profile, resulting in Debt-Service Coverage Ratio (DSCR) improving to more than 2x and net debt to Ebitda improving to
Hence then, the article about crisil upgrades adani power s bank loan facilities to aa stable was published today ( ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Crisil upgrades Adani Power’s bank loan facilities to AA/Stable )
Also on site :
- Today's Famous Celebrity Birthdays for March 22, 2026: Reese Witherspoon, William Shatner
- Firefighters rush to Morrisons convenience store in Oswestry after report of fire
- Iranian Revolutionary Guard: 200 Killed and Wounded Among Zionist Enemy in 73rd Wave