ICRA Nepal Reaffirms BB- Rating for Lower Erkhuwa Hydropower, Signaling Moderate Default Risk
Fri, Aug 22, 2025 7:32 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the issuer rating of [ICRANP-IR] BB- for Lower Erkhuwa Hydropower Company Limited, indicating a moderate risk of default in meeting financial obligations.
The rating reflects overall creditworthiness and is not tied to a specific debt instrument. The "+" or "–" signs indicate relative standing within a rating category, with BB- being one notch lower than BB.
