Corporates

Power Companies

Name Date Rating Type Long Term Short Term Outlook Action
Artistic Energy (Pvt) Ltd 3/16/2020 Entity A A-1 Stable Reaffirmed
Artistic Wind Power Pvt Ltd 3/16/2020 Entity A- A-2 Stable Initial
Din Energy Limited 6/15/2020 Entity A- A-2 Stable Initial
Engro Powergen Qadirpur Limited 6/5/2020 Entity AA- A-1 Stable Reaffirmed
FFBL Power Company Ltd 9/12/2019 Entity AA- A-1 Stable Reaffirmed
Foundation Wind Energy I Limited 6/28/2019 Entity A+ A-1 Stable Reaffirmed
Gharo Solar Ltd 8/11/2020 Entity A- A-2 Stable Reaffirmed
K-Electric Limited 4/16/2020 Entity AA A-1+ Stable Reaffirmed
K-Electric Limited 10/14/2019 Sukuk 4 AA+ Stable Reaffirmed
K-Electric Limited 10/14/2019 CP-3 A-1+ Upgrade
K-Electric Limited 4/16/2020 Sukuk 5 AA+ Stable Reaffirmed
K-Electric Limited 3/12/2020 CP-5 A-1+ Final
K-Electric Limited 3/24/2020 CP-8 A-1+ Preliminary
K-Electric Limited 8/6/2020 CP-9 A-1+ Preliminary
Kot Addu Power Company Limited 12/2/2019 Entity AA+ A-1+ Stable Reaffirmed
National Power Parks Management Company Private Limited 12/31/2019 Entity AA+ A-1+ Rating Watch - Developing Maintained
Neelum Jhelum Hydropower Company (Pvt) Ltd 12/24/2019 Sukuk 1 AAA Stable Reaffirmed
Nishat Chunian Power Limited 4/6/2020 Entity A+ A-2 Stable Initial
Nova Powergen Limited 7/10/2020 Entity AA A-1+ Stable Initial
Punjab Thermal Power (Pvt.) Limited 6/10/2020 Entity AA- A-1 Stable Initial
Quaid-e-Azam Solar Power (Pvt.) Limited 3/13/2020 Entity AA A-1+ Stable Upgrade
Quaid-e-Azam Thermal Power (Pvt.) Limited 4/28/2020 Entity AA A-1 Stable Downgrade
Rousch (Pakistan) Power Limited 7/8/2020 Entity AA A-1 Stable Upgrade
Sindh Nooriabad Power Company Limited 11/15/2018 TFC-1 A Stable Upgrade
Sindh Nooriabad Power Company Phase-II (Pvt.) Limited 11/15/2018 TFC-2 A Stable Upgrade
Thal Power (Pvt.) Limited 12/12/2019 Entity AA A-1+ Stable Initial
Yunus Energy Limited 3/18/2020 Entity A+ A-1 Stable Reaffirmed
Zephyr Power (Pvt) Limited 8/26/2019 Entity A- A-2 Stable Reaffirmed