Bikas Hydropower Company Limited Retains BBB- Credit Rating from ICRA Nepal

Tue, Sep 22, 2026 12:48 PM on Latest, Corporate,

ICRA Nepal Limited has reaffirmed the issuer rating of Bikas Hydropower Company Limited (BHCL) at [ICRANP-IR] BBB- (pronounced "ICRA NP Issuer Rating Triple B Minus"), while continuing to keep the company on "Watch with Negative Implication."

The BBB- rating indicates a moderate degree of safety regarding timely servicing of financial obligations, meaning the company carries moderate credit risk but remains capable of meeting its financial commitments.