ICRA Nepal Assigns B- Issuer Rating to Dolti Power and Bhugol Energy Development
Summary
ICRA Nepal has assigned a B- issuer rating to Dolti Power Company Limited and Bhugol Energy Development Company Limited, signaling a high risk of default in meeting financial obligations.
Key Points
- ICRA Nepal Limited assigned an issuer rating of [ICRANP-IR] B- to Dolti Power Company Limited.
- Bhugol Energy Development Company Limited (BEDCL) also received an issuer rating of [ICRANP-IR] B-.
- The B- rating indicates a high risk of default in meeting financial obligations and reflects overall creditworthiness rather than a specific debt instrument.
