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RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India.
CRISIL Ratings has upgraded Rattanindia Power's short-term bank facilities (Rs. 650 Cr) to 'Crisil A2' from 'Crisil A3+'. This upgrade is driven by improved operating performance, including a higher plant load factor (82%), healthy operating profitability, and strong liquidity with nil long-term external debt. It signals enhanced financial stability.