Global credit rating agency, Moody’s Investors Service has assigned a provisional ‘Baa3’ rating to Adani Transmission’s proposed USD denominated senior secured bonds and to the Indian Rupee denominated senior secured bonds. The outlook on the ratings is stable.
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.