Corporates

Power Companies

Name Date Rating Type Long Term Short Term Outlook Action
Artistic Energy (Pvt) Ltd 6/26/2018 Entity A A-1 Stable Initial
FFBL Power Company Ltd 7/26/2018 Entity AA- A-1 Stable Initial
Foundation Wind Energy - II (Pvt) Limited 2/16/2018 Entity A+ A-1 Stable Initial
Foundation Wind Energy I Limited 8/7/2018 Entity A+ A-1 Stable Reaffirmed
K-Electric Limited (Formerly: Karachi Electric Supply Company Limited) 3/8/2018 Entity AA A-1 Rating Watch - Developing Maintained
K-Electric Limited (Formerly: Karachi Electric Supply Company Limited) 3/8/2018 Sukuk 3 AA Rating Watch - Developing Maintained
K-Electric Limited (Formerly: Karachi Electric Supply Company Limited) 3/8/2018 Sukuk 4 AA+ Rating Watch - Developing Maintained
K-Electric Limited (Formerly: Karachi Electric Supply Company Limited) 11/29/2018 CP A-1 Final
Kot Addu Power Co. Ltd. 12/31/2018 Entity AA+ A-1+ Stable Reaffirmed
National Power Parks Management Company Private Limited 12/31/2018 Entity AA+ A-1+ Stable Reaffirmed
Neelum Jhelum Hydropower Company (Pvt) Ltd 1/2/2019 Sukuk 1 AAA Stable Reaffirmed
Quaid-e-Azam Solar Power (Pvt.) Limited 11/17/2017 Entity AA- A-1 Rating Watch - Developing Maintained
Quaid-e-Azam Thermal Power (Pvt.) Limited 7/4/2018 Entity AA A-1+ Stable Reaffirmed
Sindh Nooriabad Power Company Limited 11/15/2018 TFC-1 A Stable Upgrade
Sindh Nooriabad Power Company Limited 11/15/2018 Sukuk 1 A+ Stable Preliminary
Sindh Nooriabad Power Company Phase-II (Pvt.) Limited 11/15/2018 TFC-2 A Stable Upgrade
Sindh Nooriabad Power Company Phase-II (Pvt.) Limited 11/15/2018 Sukuk 1 A+ Stable Preliminary
Zephyr Power (Pvt) Limited 8/16/2017 Entity A- A-2 Stable Initial