Ind-Ra upgrades Mythrah Energy rating by 2 notches to 'A-'

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Press Trust of India New Delhi
Last Updated : Aug 06 2018 | 4:51 PM IST

Clean energy firm Mytrah Energy said today that Ind-Ra has upgraded its long-term credit rating by two notches from 'BBB' to A-'.

It said that the short-term rating has also been upgraded from A3 to A2+.

Mytrah Energy vice chairman and MD Vikram Kailas said in a company statement: "This development reinforces the fact that we are now more commercially and operationally stable, and primed to take growth curve to the next level."

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First Published: Aug 06 2018 | 4:51 PM IST

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