External Ratings

HPCL LNG Limited has been rated by ICRA. Summary of ICRA rating action is as below:

Instrument Rating Action Outlook
Long term: Fund based - term loan [ICRA]AA+ Stable
Long term: Non-fund based limits [ICRA]AA+ Stable
Short term: Fund based – short-term loan [ICRA]A1+
Short term: Forward cover [ICRA]A1+

ICRA Rating Rationale Report – 27 May 2022