Adani Power Limited has informed the Exchange about Credit Rating
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Crisil Ratings has assigned a Crisil AA/Stable credit rating to Adani Power's additional bank loan facilities of Rs. 12,000 crore. The rating agency also reaffirmed the Crisil AA/Stable rating on existing bank loan facilities of Rs. 46,000 crore and proposed Non-Convertible Debentures of Rs. 11,000 crore. Total rated facilities now stand at Rs. 69,000 crore. Crisil noted that the rating reflects Adani Power's strong market position, large and diversified portfolio, and healthy business risk profile backed by solid capacity and fuel tie-ups.
The reaffirmation of the high investment-grade AA rating with a Stable outlook signals strong creditworthiness and low default risk for lenders and bondholders. For shareholders, this supports continued access to affordable debt financing for the company's power business, though it is a routine disclosure with no material change in rating.