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Adani Green seeks $1.1bn loan recast in rupees
Mint New Delhi
|February 22, 2025
Adani Green Energy Ltd., controlled by Indian billionaire Gautam Adani, is in talks with local lenders including Power Finance Corp. to refinance as much as $1.1 billion worth of dollar debt in rupees, according to people with knowledge of the matter.
The renewable unit of port-to-power conglomerate Adani Group is in the final stages of signing a deal for a long-term loan to refinance obligations coming due by the end of March, the people said, requesting anonymity as the details are private.
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