March 04, 2026 07:53 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Defiant silence: Iran women’s team refuses anthem days after Khamenei’s death | 'You’ll find out soon': Trump hints at massive retaliation after Riyadh attack, says ‘boots on ground’ may not be needed | Iran claims Netanyahu's office targeted in 'surprise missile attacks' | India, Canada to host renewable energy summit as Modi, Carney push to deepen bilateral ties | Gold, silver surge as Middle East conflict sparks safe-haven buying | Middle East tension: Several US warplanes crash in Kuwait, says Defence Ministry | Indian defence shares jump as West Asia conflict triggers investor rush | Modi-Carney talks signal fresh start as India, Canada push to revive trade pact and strategic partnership | IDF strikes Hezbollah targets in Lebanon after projectile fire toward Northern Israel; 31 killed | Israeli airstrikes hit Tehran’s Gandhi Hospital amid Middle East conflict

India Power credit rating upgraded to Double A minus

| | Jan 31, 2015, at 01:51 am
#India Power credit rating upgraded to Double A minus
Kolkata, Jan 30 (IBNS): India Power Corporation Limited, a premier private sector power generation and distribution company has been assigned long term credit rating of AA- (pronounced double A minus) by Brickwork Ratings, for company's NCD programme of Rs. 300 crore.
The Credit rating is a notch up from its last credit rating of A+ (pronounced A plus). The upgrade in the rating implies consistent demonstration of robust business model the company has adopted.
 
India Power Corporation Limited is an integrated energy provider with present operations spread over various states of the country. T
 
he company, through its associate, is developing a 450 (3x150)MW coal based thermal power project at Haldia in the state of West Bengal. 
 
The company has power distribution area of around 2200 sq. kms in West Bengal and Bihar and is presently distributing about 450 MVA of power in its command area to over 1.1 lakh consumers. The company also has wind mills having an aggregate capacity of over 95 MW.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm