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Issuer Profile

21 May 2021

UPPCL

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Uttar Pradesh Power Corporation Ltd (UPPCL) was founded in November 1999 by the Government of Uttar Pradesh in pursuance of the reform-restructuring of the erstwhile Uttar Pradesh State Electricity Board (UPSEB) under the UP Electricity Reforms Act, 1999. UPPCL Bonds Series III & IV 2016-17 has been assigned a rating of AA(CE)(Credit enhancement) while UPPCL Bonds Series I & II 2017-18 has been assigned a rating of AA-(CE) by Brickwork Rating.

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Subhasis Mishra
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