Adani Energy Solutions receives credit ratings from various agencies
Adani Energy Solutions has received credit ratings as under:
1 ICRA - Reaffirmed the credit rating of Commercial Papers as ICRA A1+.
2 India Ratings & Research - Reaffirmed the credit ratings of the Company and its operating subsidiaries as debt rated at 'IND AA+'/Stable.
3 Moody's
- Adani Transmission Step-One (ATSOL) a subsidiary of the Company - Baa3 ratings affirmed; outlook changed to negative from stable.
Also Read
 "Bonds")
 "US flag, US, united states")
 "Pro Kabaddi League 2024")
 "Women Uber drivers, female rider")
 "Opposition MPs, who are members of the Joint Committee of Parliament on the Waqf (Amendment) Bill, 2024, met Lok Sabha Speaker Om Birla")
- Adani Transmission Restricted Group 1 (AESL RG1), which comprises Barmer Power Transmission Service; Raipur-Rajnandgaon-Warora Transmission; Sipat Transmission ; Thar Power Transmission Service ; Hadoti Power Transmission Service ; Chhattisgarh-WR Transmission - Baa3 ratings affirmed; outlook changed to negative from stable.
- Adani Electricity Mumbai (AEML) - Baa3 ratings affirmed; outlook changed to negative from stable.
4. Fitch Ratings
- Placed Adani Energy Solutions' (AESL) LongTerm Foreign- and Local-Currency Issuer Default Ratings of 'BBB-' and the 'BBB-' ratings on Adani Electricity Mumbai's (AEML) senior secured notes on Rating Watch Negative (RWN). The 'BBB-' ratings on the notes issued by AESL's subsidiary, Adani Transmission Step-One, have also been placed on RWN.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Nov 27 2024 | 7:32 PM IST