SNEREPL

Wyn Renewables Private Limited

• Any significant underperformance in generation and/or any increase in the debt levels of the entity thereby weakening the cumulative DSCR on project debt to less than 1.2x times, on a sustained basis • Delay in receiving payments from the offtaker leading to sustained elongation of receivable cycle • Weakening of the credit profile of the parent, or any change in linkages/support philosophy of SAEL Limited towards SNEREPL Analytical approach: Standalone plus factoring in parent support护理评级预计，鉴于Snerepl对Sael Industries Limited的战略重要性，SneRepl的父母Sael Industries Limited将愿意向Snerepl扩展财务支持。Outlook：稳定的SNEREPL CARE BBB评级的稳定前景反映了Care Ratings的观点，即该公司将从P＆ED与Mizoram的长期PPA中受益。此外，令人满意的生成和收集性能的期望支持了前景。关键评级驱动程序的详细说明：