ICRA Nepal Reaffirms BBB- Rating for Sahas Urja Limited with Developmental Impact

Fri, Feb 7, 2025 2:57 PM on Latest, Corporate, Credit Rating,

ICRA Nepal has reaffirmed the [ICRANP-IR] BBB- rating for Sahas Urja Limited while removing it from micro monitoring with a developmental impact. Entities with this rating are considered moderately secure in meeting financial obligations, reflecting medium credit risk.

The rating indicates general creditworthiness and is not specific to any particular debt instrument. The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with "+" or "-" symbols denoting the relative positioning within the rating category. For example, [ICRANP-IR] BBB+ is one level above [ICRANP-IR] BBB, while [ICRANP-IR] BBB- is one level below.