Long-term debt programs of Indian firms rated by CRISIL:Part II

Power Grid Corp. of India Ltd. Bonds
AAA 13000 Reaffirmed Power Grid Corp. of India Ltd.

Bonds AAA 25100 Reaffirmed
Power Grid Corp. of India Ltd. Bonds (Ser XVII & XVIII)
AAA 19990 Reaffirmed Power Grid Corp. of India Ltd.

Bonds (Series XVI) AAA 7500 Reaffirmed
Power Grid Corp. of India Ltd. Bonds (Series XIV & XV)
AAA 14240 Reaffirmed Power Grid Corp. of India Ltd.

Bonds(Ser XI, XII & XIII) AAA 15010
Reaffirmed Power Grid Corp. of India Ltd. Bonds (Series
IX & X) AAA 9170 Reaffirmed Power Mech Projects
Ltd Cash Credit BBB 105
Assigned Powerlinks Transmission Ltd Corporate Credit
Rating CCR AA+ Assigned
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----------------------------#: Rating Watch with Developing
implications @: Rating Watch with Negative Implications %:
Rating under Credit Watch wd -Rating Stands Withdrawn sp
-Rating Suspended CCPS-Cumulative Convertible Preference Share;
CPS-convertible preference shares; DDB-Deep Discount Bond;
EPBI-Exchange premium bond; FRB/FRN-Floating Rate Bond/Note;
FRD-floating rate debentures; MOCD-multiple option convertible
debenture; MTN-medium term notes; NCB- non-convertible bond;
NCD(SO)-Non Convertible Debenture-(Structured Obligation);
NCD-Non- Convertible Debenture; NCRB-Non Convertible Redeemable
Bonds; NM-Not Meaningful; OCD- optionally convertible
debenture;OD-Over Draft; OFCD-Optionally Fully Convertible
Debenture; PCD-Partially Convertible Debenture; PCN-partly
convertible notes; POCD-partly optional convertible debentures;
PP-privately placed; PS-Preference Shares; PTC-Pass Through
Certificates; RPS-Redeemable Preference Shares; SCPN-secured
convertible preference notes; SDO-Structured Debt Obligation;
SLR-Statutory Liquidity Ratio; SPN-secured premium notes;
TB-Taxable Bond; TFB-Tax Free Bond; TOCD-triple option
convertible debentures CRISIL may apply + or - signs for
ratings from AA to C to reflect a comparative standing within
the category.
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