Credit rating agency, India Ratings & Research has assigned Adani Transmission’s Rs 500 crore Non-Convertible Debentures (NCDs) a final rating of ‘AA+’ with stable outlook. These NCDs are part of the initially proposed Rs 6,000 crore long-term debt facilities which were assigned a provisional ‘AA+’ rating with stable outlook.
Adani Transmission is the transmission business arm of the Indian business conglomerate - Adani Group. Be it Engineering, Construction management or Operation & Maintenance, Adani Transmission has significant presence in the Indian Transmission Sector.
