ICRA Nepal Withdraws BB- Issuer Rating for Buddhabhumi Nepal Hydropower

Summary

ICRA Nepal has withdrawn the BB-issuer rating of Buddhabhumi Nepal Hydropower Company Limited at the company's request, reflecting the entity's general creditworthiness.

Key Points
  • ICRA Nepal Limited has withdrawn the BB-issuer rating of Buddhabhumi Nepal Hydropower Company Limited.
  • The withdrawal was done at the request of the company.
  • The rating represented the general creditworthiness of the entity.
  • It did not pertain to any specific debt instrument.
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