Archive · 23 Jan 2026

Adani Power raises ₹7,500 crore in bonds

Adani Power raises ₹7,500 crore in bonds

Adani Power, a big company in India, just borrowed ₹7,500 crore ($816.58 million) by selling bonds.

Most of the money came from big Indian banks and investment funds.

They promised to pay back this money with extra interest ranging from 8.00% to 8.40% over different periods.

The bonds are rated 'AA', which means they are considered safe.

The biggest investor was SBI Mutual Fund, which put in ₹2,500 crore.

Other big investors included ICICI Bank, Axis Bank, and Kotak Mutual Fund.

This happened while the Adani Group was facing problems because the US government is accusing some of its leaders of doing something illegal.

Because of these accusations, the value of Adani Group's stocks went down by $12.5 billion.

The Adani Group says the accusations are not true and they will fight them in court.

Sources