ICRA Nepal Reaffirms BB+ Rating of Beni Hydropower Project

Thu, Feb 26, 2026 12:35 PM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has reaffirmed the issuer rating of Beni Hydropower Project Limited at [ICRANP-IR] BB+, indicating a moderate risk of default in meeting financial obligations on time.

The rating reflects the agency’s opinion on the company’s overall creditworthiness rather than any specific debt instrument. Within ICRA’s rating scale, the plus (+) or minus (–) sign denotes relative standing inside a category; thus, BB+ is one notch higher than BB, while BB– is one notch lower.