JSW Energy announced that its subsidiary, Jaigad PowerTransco Limited, has received an affirmed credit rating from India Ratings and Research (Ind-Ra). The rating assigned is “IND AA/Stable” for the subsidiary’s existing bank loan facilities. This positive affirmation, released on March 9, 2026, reflects stable financial health and capability to meet debt obligations for the company’s critical power transmission infrastructure.
Credit Rating Affirmation for Subsidiary
JSW Energy Limited has officially disclosed a key update concerning its subsidiary, Jaigad PowerTransco Limited. In line with disclosure requirements, the company confirmed that the rating agency, India Ratings and Research (Ind-Ra), has affirmed its existing credit rating.
The affirmed rating stands at “IND AA/Stable”. This rating applies specifically to the existing bank loan facilities held by Jaigad PowerTransco Limited. The release detailing this affirmation was issued by Ind-Ra on March 9, 2026.
Company Compliance and Acknowledgment
This announcement serves to inform all stakeholders regarding the current assessment of the subsidiary’s financial strength by a recognized rating agency. For further details, the official press release is made available on the rating agency’s website.
The disclosure was authorized and signed by Monica Chopra, Company Secretary, for JSW Energy Limited.
Source: BSE
