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Fitch Upgrades Credit Rating of Adani Energy Solutions
March 11, 2025
|The New Indian Express Tadepalligudem
IN a boost to Adani Energy Solutions (AESL), Fitch Ratings has upgraded the company's credit rating at 'BBB-' from its 'Ratings Watch Negative' list.
This is the first upgrade by the international ratings agency since the US indictment of certain board members of its another group entity, Adani Green Energy Limited (AGEL) in November 2024. It means AESL is considered financially healthy and capable of repaying its debts.
The ratings agency has assigned a "Negative Outlook" to AESL, indicating that there are still some potential risks on the horizon.
هذه القصة من طبعة March 11, 2025 من The New Indian Express Tadepalligudem.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Tadepalligudem
The New Indian Express Tadepalligudem
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Relief to Soren as no physical appearance in MP-MLA court
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1 min
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1 min
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Pregnant B'deshi woman, son welcome, says SC
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1 mins
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CYCLONE DITWAH REMINDS WE ARE IN THE SAME BOAT
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1 mins
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Modi-Shah meeting triggers buzz on new BJP chief again
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1 min
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TMC won't allow anyone to touch Waqf properties: Didi
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2 mins
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RPF jawan kills batchmate in post in Raigarh
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1 min
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Record-breaking Haaland helps City win in thriller
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