ICRA Nepal Maintains Ratings for Sahas Urja Limited, Mandu Hydropower, And Hilton Hydro Energy Amidst Credit Monitoring

ICRA Nepal Limited has reaffirmed the Issuer Ratings (ICRANP-IR) for several companies, reflecting their financial stability and credit risk. Sahas Urja Limited and Mandu Hydropower Limited both received a BBB- rating, indicating moderate security in fulfilling financial obligations but with moderate credit risk.

Meanwhile, Hilton Hydro Energy Limited was assigned a BB- rating, suggesting a moderate risk of failing to meet financial commitments on time. The ICRANP-IR rating scale ranges from AA to C, with plus or minus signs indicating relative positions within the classes.