Orient Green Power subsidiary gets credit rating upgrade

Orient Green Power Company Limited (OGPL) announced on December 1, 2025, that its material subsidiary, Beta Wind Farm Private Limited (Beta), which constitutes 97% of its consolidated debt, has received a credit rating upgrade from Infomerics Valuation and Rating Limited. Beta's Long-Term Bank Facility was upgraded from IVR BBB-/Stable to IVR BBB/Stable, with a concurrent reduction in rated debt from ₹598.53 crore to ₹518.95 crore.

The upgrade is attributed to several factors, including improved PLF performance due to component upgradation and better machine availability in Andhra Pradesh, an enhanced liquidity position from stable revenue visibility, and a strengthened financial risk profile resulting from deleveraging efforts and interest rate reductions. These improvements are expected to reduce the interest rate on loans by 25 basis points from IREDA, positively impacting the company's consolidated net profit.

OGPL anticipates this upgrade will lead to better financing terms, increased financial flexibility for business operations and growth, and reinforced confidence among creditors and stakeholders, improving access to capital for renewable-energy projects. Beta Wind Farm Private Limited operates 241.6 MW of wind power capacity across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka, selling power to corporate and industrial customers.