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Press Release Energy Efficiency Services Limited

1 CARE Ratings Limited Press Release Energy Efficiency Services Limited May 30, 2018 Ratings Instrument Amount (Rs. crore) Rating1 Rating Action Short-term Bank Facilities Term Loan 510 CARE A1+ (A One Plus) Removed from credit watch; Rating Reaffirmed Long-term/ Short-term Bank Facilities 490 CARE AA; Stable / CARE A1+ (Double A; Outlook: Stable / A One Plus) Removed from credit watch; Rating Reaffirmed Total Facilities (Rs One Thousand crore only) Non-Convertible Debenture issue (NCD I) 500 (Five hundred crore only) CARE AA; Stable (Double A; Outlook: Stable) Removed from credit watch; Rating Reaffirmed Non-Convertible Debenture issue (NCD II) 450 (Four hundred & fifty crore only) CARE AA; Stable (Double A; Outlook: Stable) Removed from credit watch; Rating Reaffirmed Non-Convertible Debenture issue (NCD III) 500 (Five hundred crore only) CARE AA; Stable (Double A; Outlook: Stable) Removed from credit watch.

Energy Efficiency Services Limited (EESL) was established in 2009 as a joint venture of PSUs and administered by Ministry of Power, GoI. EESL is implementing various programs and consultancy services dedicated to the conservation of energy

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  Services, Limited, Efficiency, Energy, Energy efficiency services limited

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