India Ratings and Research Private Limited (Ind-Ra) has assigned a rating of ‘IND A/ Stable’ to the long-term bank facilities of XL Xergi Power Private Limited. The announcement, dated December 30, 2025, confirms the rating for XL Xergi Power, a step-down subsidiary of JSW Energy.
Rating Assignment
A rating of ‘IND A/ Stable’ has been assigned to the long-term bank facilities of XL Xergi Power Private Limited. This decision was made by India Ratings and Research Private Limited (Ind-Ra), and the information was released on December 30, 2025.
Subsidiary Status
XL Xergi Power Private Limited is identified as a step-down subsidiary of JSW Energy. The rating pertains to the company’s long-term bank facilities. Further information about the rationale behind the rating is available on the India Ratings website.
Source: BSE
