Corporate News 19-Jul-19
Reliance Power intimates of revision in ratings of subsidiary by ICRA
Reliance Power announced that ICRA has revised both the long -term and short-term ratings on rated instruments of the Company and of its subsidiary Vidarbha Industries Power (VIPL) to D issuer not cooperating ' attributing inter-alia the confirmation of delays in debt servicing as evidenced from the signing of the Inter-Creditor Agreement (ICA) on 06 July 2019 by all the six lenders each of the Company and of its subsidiary VIPL .
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