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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIndia Green Power Holdings' (IGPH) senior secured notes of $460 million maturing in 2027 have been confirmed by Fitch Ratings at “BB-”, with a stable outlook.
The score reflects the “bb” credit rating of a select group of operating entities under Renew Power Private Limited& nbsp; (BB-/Stable), one of the largest independent renewable power producers in India declined due to the orphan emissions structure. The core group contracts 80 percent of its total capacity with state-owned distribution companies under long-term, fixed-price power purchase agreements (PPAs). IGPH is a financing vehicle owned by a trust and its ownership is not linked to ReNew Power
.
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