February 11, 2026 10:19 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bangladesh poll manifestos mirror India’s welfare schemes as BNP, Jamaat bet big on women, freebies | Drama ends: Pakistan makes U-turn on India boycott, to play T20 World Cup clash as per schedule | ‘Won’t allow any impediment in SIR’: Supreme Court pulls up Mamata govt over delay in sharing officers’ details | India-US trade deal: ‘Negotiations always two-way’, says Amul MD amid farmers’ concerns | Khamenei breaks 37-year-old ritual for first time amid escalating Iran-US tensions | India must push for energy independence amid global uncertainty: Vedanta chairman Anil Agarwal | Kanpur horror: Lamborghini driven by businessman’s son rams vehicles, injures six | ‘Namaste Trump beat Howdy Modi’: Congress slams PM Over India-US trade deal | Historic India-US trade pact: Tariffs cut, $500B market opportunity unlocked! | Big call from RBI: Repo rate stays at 5.25%, neutral stance continues

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