ICRA Nepal Upgrades Unitech Hydropower’s Issuer Rating to B-
Sun, Oct 12, 2025 11:23 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded the issuer rating of Unitech Hydropower Company Limited from [ICRANP-IR] D to [ICRANP-IR] B-, reflecting an improvement in the company’s credit profile.
The new rating indicates a high risk of default in meeting financial obligations but represents progress from the previous category. The rating expresses the company’s general creditworthiness rather than any specific debt instrument, with B- positioned one notch below B in ICRA’s rating scale.
