Reliance Power gets credit rating revised

From ICRA

ICRA Ratings has revised its long term ratings on Reliance Power's Rs 6015 Crore Line of Credit to [ICRA] BBB (pronounced ICRA triple B) and the short-term rating to [ICRA] A2 (pronounced ICRA A two). The Company however disagrees with views of ICRA stating that ICRA has not appropriately factored in the above measures taken by the Company while assigning the rating.

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