Adani Power Limited — Credit Ratings, 18-08-2026: Credit Rating

CARE Ratings has upgraded Adani Power's long-term bank facilities & Non-Convertible Debentures to CARE AA+; Stable (totaling Rs 90,500 Cr). Short-term facilities are reaffirmed at CARE A1+. This upgrade reflects APL's sustained strong financial/operational performance, robust market position, strong revenue visibility from PPAs, improved fuel security, and strengthened capital structure.