NSEPress Release9 Sept 2026 · 9 Sept 2026, 11:10 am
Press Release
Orient Green Power Company Limited · GREENPOWER
✦ AI Summary▲ PositiveRating Change
Orient Green Power Company Limited's subsidiaries, Beta Wind Farm and Delta Renewable Energy, have been assigned ICRA BBB (Stable) credit ratings by ICRA Limited, indicating a moderate degree of safety regarding the timely servicing of financial obligations. The ratings consider the strengths from revenue visibility from long-term Power Purchase Agreements (PPAs), established track records, and improved receivable profiles.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Orient Green Power Company Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "ICRA assigns ICRA BBB (Stable) credit rating for Orient Green Power Company Limited s subsidiaries Beta Wind Farm and Delta Renewable Energy".
Attachments (1)
📄pdf
Download →
GREENPOWER_09092026111034_SEIntimationPressrelease.pdf
View document text
September 09, 2026
The BSE Limited The National Stock Exchange
Corporate Relations Department, o f India Limited
P.J. Towers, Department of Corporate Services,
Dalal Street, Exchange Plaza, 5th Floor,
Mumbai-400 001. Bandra-Kurla Complex,
Scrip Code: 533263 Mumbai-400 051.
Scrip Code: GREENPOWER
Respected Sir/Ma’am,
Sub: Intimation of Press Release under Regulation 30 of SEBI (LODR)
Regulations, 2015- Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed the press release pertaining
to ICRA BBB (Stable) credit rating for the subsidiaries of the company- Beta Wind
Farm Private Limited and Delta Renewable Energy Private Limited.
We request you to take the same on your records.
Thanking you,
Yours faithfully,
For Orient Green Power Company Limited
G. Srinivasa Ramanujan
Company Secretary & Compliance Officer
PRESS RELEASE
September 09, 2026
~75% OF CONSOLIDATED DEBT OF ORIENT GREEN HAVE BEEN ASSIGNED BBB RATING,
REINFORCING FINANCIAL STRENGTH AND SUSTAINABLE GROWTH
ICRA assigns ICRA BBB (Stable) credit rating for Orient Green Power Company Limited’s subsidiaries Beta Wind Farm
and Delta Renewable Energy.
Chennai, September 09, 2026: Orient Green Power Company Limited (OGPCL), a leading renewable energy
producer in India, announces that rating agency ICRA Limited (ICRA) has reviewed and assigned the credit
ratings for its operating subsidiaries, Beta Wind Farm Private Limited and Delta Renewable Energy Private
Limited.
Beta Wind Farm Private Limited (BETA)
Beta Wind Farm is a key subsidiary of OGPCL and operates 241.6 MW of wind energy projects across Tamil Nadu,
Andhra Pradesh, Gujarat, and Karnataka.
● Rating Improvement: ICRA has assigned ICRA BBB (Stable) rating for Beta’s existing loan facility of Rs. 458.63
Crore — a one-notch improvement from the rating of CRISIL BBB- (Positive) assigned by CRISIL Ratings
Limited.
● Proposed Expansion: ICRA also reviewed Beta’s proposed 6.6 MW wind power expansion and assigned the
same ICRA BBB (Stable) rating for the upcoming loan facility.
● The ratings consider the strengths from revenue visibility from the long-term Power Purchase
Agreements(PPAs), established track record and improved receivable profile.
Delta Renewable Energy Private Limited (DELTA)
Delta Renewable Energy has commissioned 7 MW of solar power capacity and is completing another 18 MW
solar capacity funded through rights issue proceeds.
● Assigned Credit Rating: ICRA reviewed Delta’s existing Rs. 21 Crore loan and proposed Rs. 64 Crore loan,
assigning an ICRA BBB (Stable) rating to both facilities.
● Growth Plans: The company plans to leverage this new solar capacity to support further business expansion.
● The ratings assigned considers the strengths from revenue visibility from the long-term Power Purchase
Agreements(PPAs), credit profile of customers and comfortable debt coverage metrics.
Summary of Credit Ratings Assigned by ICRA
Company / Subsidiary Facility / Purpose Amount ICRA Rating
Beta Wind Farm Pvt. Ltd. Long Term Fund Based Term Loan Rs. 458.63 Crore ICRA BBB (Stable)
- Existing Debt Facility Assigned
Beta Wind Farm Pvt. Ltd. Long Term Fund Based Proposed Rs.51.37 Crore ICRA BBB (Stable)
Limits - For 6.6 MW Expansion Assigned
Delta Renewable Energy Pvt. Ltd. Long Term Fund Based Term Loan Rs. 21.00 Crore ICRA BBB (Stable)
-Existing Debt Facility Assigned
Delta Renewable Energy Pvt. Ltd. Long Term Unallocated Limits Rs. 64.00 Crore ICRA BBB (Stable)
Assigned
Note: Ratings with 'ICRA BBB' status indicate a moderate degree of safety regarding the timely servicing of financial obligations.
For Further Information, Please Contact: Orient Green Power Company Limited
Investor Relations Desk CIN: L40108TN2006PLC061665
Orient Green Power Company Limited Registered Office: Chennai, Tamil Nadu
Email: complianceofficer@orientgreenpower.com Listing: BSE / NSE
Website: www.orientgreenpower.com