PSP Projects Limited — Credit Ratings, 23-12-2025: Credit Rating- Revision

PSP Projects' bank facilities totaling ₹1,547 Cr received updated ratings from CARE Rating. Long-term bank facilities (₹155 Cr) were reaffirmed at CARE A+; Stable. However, the rating for ₹1,300 Cr long/short-term facilities was downgraded to CARE A+; Stable / CARE A1 (from CARE A1+). Short-term facilities (₹92 Cr) also saw a downgrade to CARE A1 (from CARE A1+).