The Oil and Natural Gas Corp's standalone credit profile was lowered to 'a-' from 'a', which reflects S&P's expectations of weaker financial ratios.

CRISIL was revised its rating outlook on the long-term bank facilities of ONGC Tripura Power Company Ltd (OTPC) to 'Positive' from 'Stable' while reaffirming the rating at 'CRISIL A+'

The Rating is Outstanding as on 21-Jun-2016:

Industry:
Independent Power Producers & Energy Traders

Instrument Category Rating Rating Outlook
Long Term CRISIL A+ Positive

Credit Rating Of ONGC:

Company Name
Industry Instrument Rating
ONGC Mangalore Petrochemicals Limited
Chemicals Commercial Paper CRISIL A1+

ONGC Tripura Power Company Limited
Independent Power Producers & Energy Traders Rupee Term Loans CRISIL A+
Proposed Long-Term Bank Facility CRISIL A+
Cash Credit Limit CRISIL A+

ONGC Videsh Limited:

Oil Gas & Consumable Fuels Bond CRISIL AAA
Bank Guarantee limit CRISIL A1+
Short Term Debt CRISIL A1+