VIS Withdraws Entity Ratings of Nova Powergen Limited

Karachi, January 14, 2021 (PPI-OT): VIS Credit Rating Company has withdrawn the entity ratings of ‘AA/A-1+’ (Double A/Single A-One Plus) assigned to Nova Powergen Limited (NPL), with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on July 10, 2020.

For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan
Tel: +92-21-35311861-72
Fax: +92-21-35311873

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