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Entity-Specific Rating Rationales

02 Mar 2026

North Eastern Electric Power Corporation Limited: Ratings reaffirmed; Rs. 500-crore NCD withdrawn

North Eastern Electric Power Corporation Limited: Ratings reaffirmed; Rs. 500-crore NCD withdrawn

04 Mar 2025

North Eastern Electric Power Corporation Limited: Ratings reaffirmed

North Eastern Electric Power Corporation Limited: Ratings reaffirmed

06 Mar 2024

North Eastern Electric Power Corporation Limited: Rating reaffirmed; rated amount enhanced

North Eastern Electric Power Corporation Limited: Rating reaffirmed; rated amount enhanced

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Entity-Specific Credit Perspective Reports

01 Apr 2026

North Eastern Electric Power Corporation Limited

North Eastern Electric Power Corporation Limited (Non-SF)

01 Apr 2025

North Eastern Electric Power Corporation Limited

North Eastern Electric Power Corporation Limited (Non-SF)

05 Apr 2024

North Eastern Electric Power Corporation Limited

North Eastern Electric Power Corporation Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Commercial Paper [ICRA]A1+ -- -- --
Issuer -- -- [ICRA]AA+(Stable) --
Long-term – Fund-based – Term Loan -- -- [ICRA]AA+(Stable) --
NCD -- -- [ICRA]AA+(Stable) --
NCD -- -- [ICRA]AA+(Stable) --
Long-term/Short-term – Fund-based – Others [ICRA]A1+ -- [ICRA]AA+(Stable) --
Fund-based short term loan Withdrawn -- -- --

Our Analysts

Analyst 1

Venkatesh Joshi

Analyst 2

Asmita Pant

Sector Head

Girish kumar Kadam
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Rating Rationales

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Credit Quality Trends and ICRA’s Outlook for FY2027

Mr. K Ravichandran,Ms. Aditi Nayar,Mr. Pratik Singhania

01 Apr 2026 04:00 PM

Road sector hits a slow lane as project awarding moderates

Mr. Suprio Banerjee,Mr. M Rajashekar Reddy

25 Feb 2026 04:00 PM

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