Reliance Power intimates of revision in ratings of subsidiary by ICRA

Reliance Power announced that ICRA has revised both the long -term and short-term ratings on rated instruments of the Company and
of its subsidiary Vidarbha Industries Power (VIPL) to D issuer not cooperating '
attributing inter-alia the confirmation of delays in debt servicing as evidenced from the
signing of the Inter-Creditor Agreement (ICA) on 06 July 2019 by all the six lenders each of
the Company and of its subsidiary VIPL .
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First Published: Jul 19 2019 | 9:58 AM IST
