Meja Urja Nigam credit rating upgraded to CARE AA-
pre-market1 source ↓written by the desknot a recommendation
- bank facilities worth
- ₹7,363.20 cr
- in short-term facilities
- ₹200 cr
Meja Urja Nigam Private Limited (MUNPL), a joint venture of NTPC and UPRVUNL, has received a credit rating upgrade to CARE AA-; Stable from CARE A+; Stable. This upgrade reflects MUNPL’s strong operational performance and stable financial profile. The upgrade applies to long-term bank facilities worth ₹7,363.20 cr and ₹200 cr in short-term facilities, enhancing liquidity and operational stability.
Not investment advice. For informational purposes only.