New Delhi, Inox Wind Ltd on Wednesday said CRISIL has upgraded its outlook on the company's long-term and short-term bank facilities.

Inox Wind said CRISIL has upgraded the rating for long-term bank facilities to 'CRISIL A-/Stable' from 'CRISIL A-/Stable', while for the company's short-term bank facilities the agency has upgraded the rating to CRISIL A2+. Upgraded to CRISIL A1. In an exchange filing.

Kailash Tarachandani, CEO, Inox Wind, said, “The latest rating upgrade by CRISIL is the result of all the efforts made by the company in recent times. We have successfully raised funds to strengthen our balance sheet and also scaled up our operations. " ,

Inox Wind has an order book of 2.7 GW wind power projects.