Premier Energies has announced that CARE Ratings has upgraded and assigned credit ratings to its bank facilities and those of its subsidiaries. Upgrades were issued for Premier Energies Photovoltaic Private Limited and Premier Energies International Private Limited. New ratings were assigned for long term and short term bank facilities, reflecting a positive outlook on the company’s financial stability and growth prospects as of December 3, 2025.
Credit Rating Updates
On December 3, 2025, CARE Ratings Limited completed its review of the credit ratings for Premier Energies and its subsidiaries. The assessment led to both upgrades and new assignments of ratings, signaling confidence in the group’s financial standing. These ratings apply to a range of banking facilities, as detailed below.
Premier Energies Limited
CARE Ratings has assigned a CARE A+; Stable rating for long-term / short-term bank facilities, along with a CARE A1+ rating for short-term facilities, covering an amount of INR 120.00 Crores.
Premier Energies Photovoltaic Private Limited
The long-term facilities have been upgraded to CARE A+; Stable from CARE A-; Stable, covering facilities worth INR 676.26 Crores. Additionally, the long term / short term facilities were assigned a CARE A+; Stable / CARE A1+ rating, covering an amount of INR 1,014.00 Crores
Premier Energies International Private Limited
CARE Ratings upgraded the long-term facilities to CARE A+; Stable from CARE A-; Stable, covering facilities worth INR 359.65 Crores. Furthermore, the long term / short term facilities were assigned a rating of CARE A+; Stable / CARE A1+, for facilities amounting to INR 685.00 Crores.
Premier Energies Global Environment Private Limited
The long-term facilities were upgraded to CARE A; Stable from CARE BBB+; Stable, covering facilities worth INR 137.64 Crores. Additionally, the long term / short term facilities were assigned a rating of CARE A; Stable /CARE A1, for facilities amounting to INR 660.00 Crores
Source: BSE