Sarda Energy & Minerals Limited announced that ICRA has upgraded the credit ratings of its wholly-owned subsidiary, Chhattisgarh Hydro Power LLP. The revised ratings reflect a positive outlook for the subsidiary's financial facilities. The long-term fund-based term loan facility, previously rated ICRA A (Stable), has been upgraded to ICRA A+ (Stable). The amount for this facility is ₹175.36 crore. Similarly, the long-term fund-based cash credit facility, also previously rated ICRA A (Stable), has been upgraded to ICRA A+ (Stable). This facility has an amount of ₹5.00 crore. Furthermore, the long-term non-fund-based facility, which was rated ICRA A (Stable), has also been upgraded to ICRA A+ (Stable). The amount for this non-fund-based facility is ₹4.90 crore. The company has requested that these rating upgrades be taken on record.