Super Madi Hydropower’s Credit Rating Upgraded to BB+ by ICRA Nepal
Fri, Apr 17, 2026 10:24 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded the issuer rating of Super Madi Hydropower Limited (SMHL) from B- to BB+, indicating an improved credit profile with moderate risk of default in meeting financial obligations.
The rating reflects the company’s overall creditworthiness rather than any specific debt instrument, with the “+” sign showing a higher position within the BB rating category.
