ICRA Nepal Upgrades Sanigad Hydro’s Issuer Rating to BB-
Wed, Jan 21, 2026 11:39 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded the issuer rating of Sanigad Hydro Limited to [ICRANP-IR] BB- from [ICRANP-IR] B+, indicating an improvement in the company’s credit profile.
The BB- rating reflects a moderate risk of default in meeting financial obligations on time. ICRA noted that the rating represents an opinion on the issuer’s overall creditworthiness, not any specific debt instrument, and that plus or minus signs within rating categories denote relative positioning.
