The reaffirmation of the rating comes at the back of experienced promoter group, cost competitiveness of company’s power plants and their favorable location leading to competitive variable cost. The ratings also derive comfort from revenue visibility from Medium / Long term PPAs in place for its capacity and demonstrated ability of the company to enter into short-term PPA’s and undertake merchant sales at remunerative tariffs.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India’s domestic energy and infrastructure requirement.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
