Tag: Sasan Power

Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power

NEW DELHI: Reliance Power on Saturday said rating agency CARE has revised long-term and short-term ratings of its subsidiary Sasan Power on account of significant weakening in the financial risk profile of the parent firm. The rating agency has also cited continual uncertainty over the compensatory tariff implementation towards change in law during construction and […]

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