KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the rating of triple A assigned to Sukuk issue of Rs 100 billion of Nelum Jehlum Hydropower Company (Private) Limited.
The outlook on the assigned rating is stable. The previous rating action was announced on June 28, 2016, said press release here on Wednesday. NJHPC was set up to design , construct,own , operate and maintain Neelum Jehlum Hydropower Project , 969 MW run -of- the- river project located in the vicinity Muzaffarabad AJK.
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