BHEL receives affirmation in credit ratings from India Ratings and Research

Bharat Heavy Electricals has received affirmation in credit ratings from India Ratings and Research as below:

Rating and outlook reaffirmed for fund based working capital limits of Rs 6000 crore and non fund based working capital limits of Rs 54000 crore:
Long term rating - IND AA-/ Negative
Short term rating - IND A1+

Commercial paper for Rs 8000 crore - IND A1+ (reaffirmed)

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