ICRA Nepal Reconfirms B+ Issuer Rating for Dordi Khola Hydropower Company Limited

ICRA Nepal Limited has reconfirmed the [ICRANP-IR] B+ Issuer Rating for Dordi Khola Hydropower Company Limited, indicating its assessment of the company's creditworthiness and the associated risk profile.

A [ICRANP-IR] B+ rating denotes that institutions carrying this rating are assessed to have a relatively high risk of potential delays in meeting their financial obligations. It is important to note that this rating reflects the general creditworthiness of the issuer and is not specific to any particular bond.

ICRA Nepal's rating categories range from [ICRANP-IR] AA (highest credit quality) to [ICRANP-IR] C (lowest credit quality), with each category further differentiated by a + (plus) or - (minus) sign indicating the comparative position within the category. In this context, [ICRANP-IR] B+ signifies a slightly better position than [ICRANP-IR] B, whereas [ICRANP-IR] B- would indicate a slightly lower position.

The reconfirmation of the [ICRANP-IR] B+ Issuer Rating underscores ICRA Nepal's ongoing evaluation of Dordi Khola Hydropower Company Limited's financial strength and risk management practices.