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Entity-Specific Rating Rationales

07 Jan 2025

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

04 Sep 2024

KPI Green Energy Limited: Long-term rating upgraded to [ICRA]A and short-term rating reaffirmed; outlook changed to Positive from Stable

KPI Green Energy Limited: Long-term rating upgraded to [ICRA]A and short-term rating reaffirmed; outlook changed to Positive from Stable

31 Mar 2024

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

09 May 2023

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

KPI Green Energy Limited: Ratings reaffirmed; rated amount enhanced

21 Jun 2022

KPI Green Energy Limited: Ratings upgraded; outlook revised to Stable from Positive; rated amount enhanced

KPI Green Energy Limited: Ratings upgraded; outlook revised to Stable from Positive; rated amount enhanced

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Entity-Specific Credit Perspective Reports

16 Oct 2024

KPI Green Energy Limited

KPI Green Energy Limited (Non-SF)

02 Jun 2023

KPI Green Energy Limited

KPI Green Energy Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Cash Credit -- -- [ICRA]A(Positive) --
Non-fund-based Bank Guarantee [ICRA]A2+ -- -- --
Term Loans -- -- [ICRA]A(Positive) --
Working Capital Demand Loan [ICRA]A2+ -- -- --
Unallocated Limit [ICRA]A2+ -- [ICRA]A(Positive) --
CEL Limits [ICRA]A2+ -- -- --

Our Analysts

Analyst 1

Rishi S Tekchandani

Analyst 2

Rachit Mehta

Sector Head

Girishkumar Kashiram Kadam
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