Adani Power Limited — Credit Ratings, 11-07-2025: Credit Rating

CARE Ratings has reaffirmed Adani Power Limited’s credit ratings at [CARE] AA (Stable) for long-term facilities and A1+ for short-term bank guarantees, while assigning these ratings to enhanced loan amounts totaling Rs. 57,000 Cr. The stable outlook reflects Adani Power’s diversified generation portfolio, supported by strategic acquisitions and long-term power purchase agreements. Improved earnings and comfortable credit metrics, backed by planned capacity additions over the next five years, underpin the rating. This affirmation supports continued investor confidence and helps maintain favorable borrowing costs, providing the company with stable financial flexibility going forward.