Petronet LNG Limited has received a credit rating update from ICRA Limited on April 27, 2026. The company has been assigned an ICRA AAA (Stable) rating for its new ₹12,000 Crore Rupee Term Loan facility. Additionally, ICRA has reaffirmed existing credit ratings for various fund-based and non-fund-based credit limits totaling ₹15,000 Crores, maintaining the company’s strong financial standing and stability in the credit markets.
Credit Rating Assignments
Petronet LNG Limited has officially announced the latest credit assessment conducted by ICRA Limited. A notable highlight of this assessment is the assignment of an ICRA AAA (Stable) rating specifically for the company’s ₹12,000 Crore Rupee Term Loan facility. This rating reflects the company’s high level of creditworthiness and financial robustness in managing its long-term debt obligations.
Reaffirmation of Existing Limits
Beyond the new facility, ICRA has also reaffirmed the existing ratings across the company’s credit portfolio. The details of these reaffirmed facilities include:
- ₹2,901 Crores maintained at ICRA AAA (Stable).
- ₹10,951.59 Crores maintained at ICRA A1+.
- ₹1,147.41 Crores maintained at ICRA AAA (Stable)/A1+.
The total volume of these facilities amounts to ₹15,000 Crores, covering both fund-based and non-fund-based credit limits provided by the banking sector. These ratings underscore the company’s sustained financial discipline and its continued ability to meet its debt commitments effectively.
Source: BSE
