Petronet LNG Limited has received updated credit rating assessments from ICRA Limited. 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 ratings for the company’s fund-based and non-fund-based credit limits, totaling ₹15,000 crore. These ratings reflect the company’s strong financial position and creditworthiness in the energy sector.
Credit Rating Details
On April 27, 2026, Petronet LNG Limited received formal communication regarding its credit ratings. The agency has assigned a rating of ICRA AAA (Stable) to the company’s ₹12,000 crore Rupee Term Loan facility. This classification signifies the highest level of safety regarding the timely servicing of financial obligations.
Reaffirmation of Existing Limits
In addition to the new assignment, ICRA has reaffirmed the existing ratings for the company’s broad portfolio of banking credit facilities. The breakdown of the reaffirmed credit limits includes:
- ₹2,901 crore rated as ICRA AAA (Stable).
- ₹10,951.59 crore rated as ICRA A1+.
- ₹1,147.41 crore rated as ICRA AAA (Stable)/A1+.
These reaffirmed facilities combine for a total of ₹15,000 crore, covering both fund-based and non-fund-based requirements. The continued stable outlook underscores the company’s operational stability and robust financial health within the Indian LNG market.
Source: BSE
