Credit rating agency, India Ratings & Research has assigned Adani Transmission’s Rs 330 crore Non-Convertible Debentures (NCDs) and Rs 200 crore senior term loan final Long term rating at ‘AA+’ with Stable Outlook.
The above-mentioned facilities are part of the initially proposed Rs 7,000 crore long-term debt facilities which were assigned a Provisional ‘AA+’ rating with Stable Outlook.
Adani Transmission is engaged in providing establishing, commissioning, operating and maintaining electric power transmission systems in India. It offers operation and maintenance (O&M) support services. Adani Transmission operates as a subsidiary of Adani Enterprises.
