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Orient Green Power’s Subsidiary Receives Stable Rating from India Ratings

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Orient Green Power’s Subsidiary Receives Stable Rating from India Ratings

Confident Investing Starts Here:

Orient Green Power Company Ltd ( (IN:GREENPOWER) ) just unveiled an announcement.

India Ratings & Research has assigned a ‘IND BBB-/Stable’ rating to the bank facilities of Clarion Wind Farm Private Limited, a subsidiary of Orient Green Power Company Ltd. The rating reflects historical generation levels, comfortable debt coverage, and long-term power purchase agreements with moderate-to-strong captive consumers. However, it also highlights challenges such as lower power generation due to aging equipment and inherent wind resource variability risks.

More about Orient Green Power Company Ltd

Orient Green Power Company Limited operates in the renewable energy sector, focusing primarily on wind power generation through its subsidiaries.

YTD Price Performance: -11.98%

Average Trading Volume: 864,667

Current Market Cap: 17.58B INR

For detailed information about GREENPOWER stock, go to TipRanks’ Stock Analysis page.

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