Adani Power is planning to raise funds up to Rs 5,000 crore through a mix of debt and equity to augment capital to sustain growth and finance its business expansion plans. The company has sought approval from its shareholders to raise funds in one or more tranches.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
