India Ratings and Research Private Limited (Ind-Ra) has assigned credit ratings to the long-term bank facilities of JSW Energy’s step-down subsidiaries, O2 Renewable Energy XI Private Limited, O2 Renewable Energy XVI Private Limited, and O2 Renewable Energy XVII Private Limited. All three subsidiaries have received a rating of IND A/Stable, as of December 16, 2025. This indicates a stable outlook for these renewable energy ventures.
Credit Ratings Assigned
India Ratings and Research Private Limited (Ind-Ra) has assigned ratings to three of JSW Energy’s O2 Renewable Energy subsidiaries. The ratings reflect the agency’s assessment of the long-term financial stability of these ventures as of December 16, 2025.
Subsidiary Ratings
The following ratings have been assigned:
- O2 Renewable Energy XI Private Limited: IND A/Stable
- O2 Renewable Energy XVI Private Limited: IND A/Stable
- O2 Renewable Energy XVII Private Limited: IND A/Stable
The IND A/Stable rating signifies a stable outlook for these companies’ ability to meet their financial obligations.
Source: BSE
