ICRA Nepal Assigns B+ Issuer Rating to Panchthar Power Company

Wed, Nov 5, 2025 12:26 PM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has assigned an [ICRANP-IR] B+ issuer rating to Panchthar Power Company Limited, indicating a high risk of default in meeting financial obligations.

The rating reflects the general creditworthiness of the company and is not tied to any specific debt instrument. In ICRA Nepal’s rating scale, B+ is one notch above B and one below B–, providing a relative position within the category.