TAG: "CARE Ratings"

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NetZero Finance Secures CARE BBB Stable and A3 Ratings for INR 250 Cr Bank Facilities

NetZero Finance, the financing arm of Aerem Solutions, has received a long-term CARE BBB Stable and short-term CARE A3 rating for its INR 250 crore bank facilities, reinforcing its role in scaling rooftop solar financing across India.

CARE Ratings | March 06, 2026 | By Mrinmoy Dey | 732

Waaree Energies Upgraded to A+ Credit Rating

Waaree Energies has secured an A+ credit rating from CARE Ratings, citing strong financials, expanding solar and wind capacity, and INR 50,000 crore order book. The upgrade follows its INR 3,600 crore IPO and reinforces its position in India's clean energy sector.

CARE Ratings | March 20, 2025 | By EI News Network | 4102

Waaree Renewable Technologies Secures ‘A’ Rating Upgrade from CARE Ratings

CARE Ratings has upgraded Waaree Renewable Technologies Ltd. (WRTL) to ‘CARE A’ with a ‘stable’ outlook, reflecting strong financial performance in FY24 and FY25. The upgrade strengthens Waaree’s position in the renewable energy sector, enhancing growth opportunities and partnerships.

CARE Ratings | March 14, 2025 | By EI News Network | 1561

IREDA's Credit Rating Upgraded to AAA (Stable) by CARE Ratings

CMD of IREDA, Pradip Kumar Das, expressed his views on the announcement, highlighting that the upgraded rating underlines the agency's dedication to building a strong financial foundation.

CARE Ratings | June 21, 2024 | By Abha Rustagi | 2844