NPCL is one of select few distribution Company in India to be assigned “AA” category of Credit Rating. Its credit rating & outlook for Long Term facilities have been upgraded 4 times in 5 years. NPCL also secured highest credit rating of A1+ for its short term borrowings moving up from initial rating of A2+ within 5 years only. NPCL’s has been assigned Credit Ratings under Basel-II norms by India Ratings & Research (formerly Fitch Ratings) .