29 Jun 2022 , 03:17 PM
As per the press release the ratings are reaffirmed as 'IND AA/Stable' and Ind Ra has withdrawn JPTL’s term loan rating.
The affirmation reflects JPTL’s robust availability track record since the commencement of operations in 2010, along with a comfortable financial performance with stable EBITDA and receivable days at FYE22.
Moreover. the project has prepaid the entire term debt with its surplus cash, resulting in a significant improvement in the credit metrics.
At around 3:15 PM, JSW Energy was trading at Rs216.20 per share down by Rs3.4 or 1.55% from its previous closing of Rs219.60 per share on the BSE.
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