bg-rating-rationales

Entity-Specific Rating Rationales

21 May 2026

HPCL-Mittal Energy Limited: Rating reaffirmed; assigned for enhanced amount

HPCL-Mittal Energy Limited: Rating reaffirmed; assigned for enhanced amount

31 Oct 2025

HPCL-Mittal Energy Limited: Rating reaffirmed; rated amount enhanced for bank facilities

HPCL-Mittal Energy Limited: Rating reaffirmed; rated amount enhanced for bank facilities

08 Oct 2024

HPCL-Mittal Energy Limited: Rating reaffirmed

HPCL-Mittal Energy Limited: Rating reaffirmed

23 May 2024

HPCL-Mittal Energy Limited: Rating withdrawn for Rs. 1000-crore NCD programme

HPCL-Mittal Energy Limited: Rating withdrawn for Rs. 1000-crore NCD programme

15 Dec 2023

HPCL-Mittal Energy Limited: Rating reaffirmed; rated amount enhanced

HPCL-Mittal Energy Limited: Rating reaffirmed; rated amount enhanced

28 Jul 2023

HPCL-Mittal Energy Limited: Ratings reaffirmed; reaffirmed and withdrawn for Rs. 45.0-crore NCD programme

HPCL-Mittal Energy Limited: Ratings reaffirmed; reaffirmed and withdrawn for Rs. 45.0-crore NCD programme

bg-rating-crediet-reports

Entity-Specific Credit Perspective Reports

02 Dec 2025

HPCL-Mittal Energy Limited

HPCL-Mittal Energy Limited (Non-SF)

07 Nov 2024

HPCL-Mittal Energy Limited

HPCL-Mittal Energy Limited (Non-SF)

22 Aug 2023

HPCL-Mittal Energy Limited

HPCL-Mittal Energy Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term – Fund-based – Term Loan -- -- [ICRA]AA+(Stable) --
NCD -- -- [ICRA]AA+(Stable) --
Non-Convertible Debenture -- -- Withdrawn --
Commercial Paper * -- -- --

Our Analysts

Analyst 1

Sahaj Gugliani

Analyst 2

Varun Gogia

Sector Head

Girishkumar Kashiram Kadam
bg-rating-research

Most Trending Research Reports


View More

Webinars

no-data

No Data Available

No Data Available

Podcast

View More

Press Releases



View More
Ask Our Industry Analyst Get in touch with our Business Representative
Please enter your name
Please enter your mobile number
Please enter your email id
Please enter your company name
Name should not be greater than 50 characters
Please choose sector
Please enter your query
Query to have atleast ten characters
Query should not be greater than 1,000 characters
Please verify you are not a Robot.