KPI Green Energy Limited — Credit Ratings, 17-09-2025: Credit Rating

CRISIL has finalized its rating for KPI Green Energy's ₹670 Cr Non-Convertible Debentures (NCDs) at 'CRISIL AA+ (CE) /Stable'. This converts the provisional rating to final after receiving all necessary documents. The NCDs are strongly supported by a 65% partial credit guarantee from GuarantCo, a Debt Service Reserve Account (DSRA), and a ₹100 Cr security deposit, boosting investor safety.