ICRA Nepal Reaffirms Sapsu Kalika Hydropower’s BB Issuer Rating
Wed, May 20, 2026 11:25 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the issuer rating of Sapsu Kalika Hydropower Company Limited at [ICRANP-IR] BB, indicating a moderate risk of default in meeting financial obligations on time.
The agency clarified that the rating reflects the company’s overall creditworthiness rather than any specific debt instrument. ICRA Nepal also noted that plus (+) and minus (-) signs may be added to ratings from AA to C categories to indicate relative standing within the same rating level.
