ICRA Nepal Upgrades Rapti Hydro’s Issuer Rating to B+
Tue, Dec 30, 2025 10:17 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded the issuer rating of Rapti Hydro and General Construction Limited from B& to B+ and removed it from the ‘Watch with Developing Implications’ status.
The upgraded rating indicates that while the company still carries a high risk of default, its overall creditworthiness has improved. The rating reflects a general opinion on the company’s credit profile and does not apply to any specific debt instrument.
