JSW Energy Limited announced that its step-down subsidiaries, JSW Wind Power (Pennar) Private Limited, JSW Wind Power Limited, and JSW Wind Power (Isapur) Limited, have been assigned credit ratings by India Ratings and Research (‘Ind-Ra’). The ratings for all three entities are IND AA-/Stable. These ratings reflect the financial standing and outlook of these wind power ventures.
Credit Ratings Assigned to JSW Energy Subsidiaries
JSW Energy Limited has disclosed that its wholly-owned subsidiaries focused on wind power generation have received credit ratings from India Ratings and Research (‘Ind-Ra’). The rating agency’s assessment, dated 6th November 2026, assigned an IND AA-/Stable rating to the bank loan facilities of three key step-down subsidiaries.
Subsidiaries and Their Ratings
The subsidiaries that have been rated are:
- JSW Wind Power (Pennar) Private Limited: Assigned an IND AA-/Stable rating.
- JSW Wind Power Limited: Assigned an IND AA-/Stable rating.
- JSW Wind Power (Isapur) Limited: Assigned an IND AA-/Stable rating.
The ‘Stable’ outlook indicates that the rating is unlikely to change in the medium term. Further details regarding the press release from India Ratings and Research are available on their official website.
Source: BSE
