Adani Power Limited — Credit Ratings, 25-09-2025: Credit Rating

Adani Power: India Ratings assigned an 'IND AA (Stable)' rating to its new Rs 12,000 Cr term loan facilities. The agency also reaffirmed the 'IND AA (Stable)' rating for existing bank facilities (Rs 46,000 Cr) and proposed NCDs (Rs 11,000 Cr). This reflects strong revenue/EBITDA visibility, balance sheet strength, and robust expansion plans.