NSECredit Rating- Others3 Jul 2026 · 3 Jul 2026, 06:43 pm

Credit Rating- Others

Jaiprakash Power Ventures Limited · JPPOWER

✦ AI SummaryRegulatory

Jaiprakash Power Ventures Limited has informed the Exchange about the withdrawal of its bank loan facilities ratings by India Ratings and Research Pvt Ltd, as per the issuer's request, due to the company not envisaging any short-term bank loan facilities in the future.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Jaiprakash Power Ventures Limited has informed the Exchange about Credit Rating- withdrawal

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JPPOWER_03072026184204_JPVL-Disclosure_on_Ratings.pdf

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JAIPRAKASH POWER VENTURES LIMITED Ref: JPVL:SEC:2026 3rd July, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Ltd., B SE Limited, "Exchange Plaza", C-1, Block G, 2 5 th F l o o r , New Trading Ring, Rotunda Bandra-Kurla Complex, Building, Bandra (E), P J Towers, Dalal Street, Fort, Mumbai -400 051 Mumbai - 400 001 Scrip Code: JPPOWER Scrip Code: 532627 Sub: Credit Rating Update Dear Sir/Madam, In terms of Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that at the request of Company and on the basis that the Company is not envisaging any short term bank loan facilities in future, India Ratings and Research Pvt Ltd. has withdrawn the credit rating assigned to the bank loan facilities of the Company‘s request. Sr. Instrument type Size of Issue Rating assigned Rating Action No. (Rs in million) (alongwith Watch/ Outlook) 1 Bank loan 5,000 WD Withdrawn Facilities The communication of India Ratings and Research Pvt Ltd. is attached. Thanking You, Yours faithfully For Jaiprakash Power Ventures Limited (MAHESH CHATURVEDI) GM & COMPANY SECRETARY FCS: 3188 Encl: As above Corp. Office 'JA House', 63, Basant Lok, Vasant Vihar, New Delhi - 110 057 (India) Ph.:+91(11) 49828500 Fax:+91(11) 26145289 Regd. Office Complex of Jaypee Nigrie Super Thermal Power Plant, Nigrie Tehsil Sarai, Distt. Singrauli - 486669,(M.P.) Ph. : +91 (7801) 286021-39 Fax : +91 (7801) 286020 E-mail : jpvl.investor@jalindia.co.in, Website : www.jppowerventures.com CIN : L40101MP1994PLC042920 Title India Ratings Withdraws Jaiprakash Power Ventures Limited's Ratings Brief India Ratings and Research (Ind-Ra) has withdrawn Jaiprakash Power Ventures Limited (JPVL) bank loan facilities ratings on receipt of withdrawal request from the issuer. The detailed rating actions are as follows: Details of Instruments Instrument Date of Coupon Rate Maturity Size of Issue Rating Assigned along with Rating Type Issuance (%) Date (million) Watch/Outlook Action Bank loan 5,000 WD Withdrawn facilities WD - Rating Withdrawn Detailed Rationale of the Rating Action Ind-Ra is no longer required to maintain the ratings, as the agency has received withdrawal request from the issuer. This is consistent with Ind-Ra’s Policy on Withdrawal of Ratings. Ind-Ra will no longer provide analytical and rating coverage for the company. About the Company JPVL, incorporated in 1994, operates 2,220 MW of power plants divided amongst three plants - 500 MW at Bina thermal power plant, 1,320 MW at Nigrie thermal power plant and 400 MW at Vishnuprayag hydro power plant. Earlier, Jaiprakash Power Ventures Limited’s (JPVL) promoter, Jaiprakash Associates Limited (JAL), was holding 24% stake in JPVL, which has now been acquired by Adani Power Limited. Applicable Criteria  Evaluating Corporate Governance  Corporate Rating Methodology  Short-Term Ratings Criteria for Non-Financial Corporates  The Rating Process Status of Non-Cooperation with Previous Rating Agency Rating History Current Rating/Outlook Historical Rating/Outlook Instrument Type Rating Rated Limits Current 27 January 24 April 2026 Type (million) Rating 2025 Bank loan Short- IND A2+/Rating Watch with Developing INR5,000.00 WD IND A2+ facilities term Implications Bank wise Facilities Details Bank Instrument Rated Amount (INR Issuance Maturity Coupon Rating/OutlookSublimit Name Description million) Date Date NA Short term loans - - WD False Annexure Contact Raghav Gupta Analyst +91 12 46687220 Paras Pal Senior Analyst +91 12 46687241 Media Relations Ameya Bodkhe Marketing Manager +91 22 40356121