{"id":633200,"date":"2024-02-06T10:42:29","date_gmt":"2024-02-06T05:12:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633200"},"modified":"2024-02-06T11:34:01","modified_gmt":"2024-02-06T06:04:01","slug":"crisil-upgrades-rating-on-adani-power-bank-loan-facilities","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crisil-upgrades-rating-on-adani-power-bank-loan-facilities\/","title":{"rendered":"Crisil upgrades rating on Adani Power bank loan facilities"},"content":{"rendered":"<p>Crisil Ratings has upgraded its ratings on Adani Power\u2019s Rs 38,000 crore of bank loan facilities to \u2018AA-\u2018, saying the business and financial risk profile of the company has seen \u201cstrong improvement\u201d.<\/p>\n<p>The loan facilities were rated \u2018A\u2019 with a stable outlook earlier. \u201cThe rating upgrade follows the strong improvement in the business and financial risk profiles of APL,\u201d Crisil Ratings said in a report.<\/p>\n<p>The upgradation is driven by better-than-expected operating performance backed by timely commissioning and ramp-up of the Godda power plant (1.6 GW), Mahan power plant (1.2 GW), full recovery of pending regulatory dues related to claims for fuel costs as pass-through under change in law clauses of existing power purchase agreements (PPAs) and continued improvement in receivables, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crisil Ratings has upgraded its ratings on Adani Power\u2019s Rs 38,000 crore of bank loan facilities to \u2018AA-\u2018, saying the business and financial risk profile of the company has seen \u201cstrong improvement\u201d. The loan facilities were rated \u2018A\u2019 with a stable outlook earlier. \u201cThe rating upgrade follows the strong improvement in the business and financial risk profiles of APL,\u201d Crisil Ratings said in a report. The upgradation is driven by better-than-expected operating performance backed by timely commissioning and ramp-up of the Godda power plant (1.6 GW), Mahan power plant (1.2 GW), full recovery of pending regulatory dues related to claims [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-633200","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633200"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633200\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}