Ind-Ra upgrades Mythrah Energy rating by 2 notches to 'A-'

Clean energy firm Mytrah Energy said today that Ind-Ra has upgraded its long-term credit rating by two notches from 'BBB' to A-'.

It said that the short-term rating has also been upgraded from A3 to A2+.

Mytrah Energy vice chairman and MD Vikram Kailas said in a company statement: "This development reinforces the fact that we are now more commercially and operationally stable, and primed to take growth curve to the next level."