Himalayan Hydropower’s Issuer Rating Upgraded to BB+ by ICRA Nepal
Thu, Aug 21, 2025 10:37 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded Himalayan Hydropower Limited’s issuer rating from BB- to BB+, indicating a moderate risk of default in meeting financial obligations.
The rating reflects the general creditworthiness of the company and is not linked to any specific debt instrument. The plus (+) and minus (-) signs indicate relative positions within a rating category, with BB+ being one notch higher than BB and BB- one notch lower.
