OREANDA-NEWS. June 16, 2015. Fitch Ratings has withdrawn Essar Projects Ltd's Long-Term Foreign Currency Issuer Default Rating (IDR) of 'B-' and Short- Term IDR of 'B'. The Outlook was Negative.

Fitch is withdrawing the ratings as Essar Projects has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Essar Projects.

RATING SENSITIVITIES
Not Applicable