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India Ratings downgrades rating for NTPC BHEL Power Projects, terms outlook negative

The company’s revenue has successively declined to Rs 0.7 billion in financial year 2019 (FY19) from earlier Rs 1.3 billion in FY18 and Rs 6.7 billion in FY17, led by the slow project execution and the absence of new orders New Delhi: India Ratings and Research (Ind-Ra) has downgraded the credit rating and revised the […]

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