ICRA Press Releases on March 16 2010 regarding ratings assigned to Arkay Energy, Dharamshala Hydro Power, Bharath Energies, Ind Bharath Energies, NATL Power Limited, Dr. Reddy’s Laboratories and more

March 16 2010, Gurgaon /IndiaPRLine.com/ ICRA Limited has announced following press releases related to ratings today:

• ICRA reaffirms LBBB and A2 ratings assigned to the bank limits of Arkay Energy (Rameswaram) Limited
• ICRA reaffirms the rating assigned to the long term loans of Dharamshala Hydro Power Limited (DHPL).
• ICRA revises rating to the bank limits of Ind Bharath Energies (Maharashtra) Limited Limited from LBBB- to LB
• ICRA revises rating to the bank limits of Ind Bharath Energies (Thoothukkudi) Limited from LBBB- to LB
• ICRA reaffirms the rating assigned to the bank lines of long term loans of Ind Bharath Energies Limited (IBEL).
• ICRA revises the rating assigned to the long term loans of NATL Power Limited (NATL)
• ICRA reaffirms LBBB- rating assigned to the bank limits of Raghu Rama Renewable Energy Limited
• ICRA assigns A1+ rating to short term debt/ commercial paper programme of Dr. Reddy’s Laboratories Limited
• ICRA assigns ratings to bank facilities of Rajshri Packagers Limited
• ICRA reaffirms A1+ (SO) rating for the enhanced bank facilities of Sudhir Power Projects Private Limited
• ICRA assigns LAA- rating with positive outlook to the Rs. 5 billion (enhanced from Rs. 4.50 billion) Upper Tier II bonds of UCO Bank.
• ICRA assigns LBB+ rating to the bank facilities of Premier Car Sales Limited

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