Adani Power moves for Rs 8000 crore debt plan to accelerate expansion ambitions

Most funding splits between public debt and SBI led loans

Adani Power is reportedly seeking around Rs 8,000 crore in debt to finance its expansion. The proposed fundraising is said to include Rs 50 billion of public debt plus about Rs 30 billion in loans from a lender group led by State Bank of India. Details were shared by people familiar with the matter who asked not to be identified.