20 Jan 2026 | 5 Mins Read
Adani Power plans Rs 7,500 crore NCD issue
Flipitmoney
Adani Power plans to raise Rs 7,500 crore through non-convertible debentures (NCDs) with tenors of 2-5 years, likely for refinancing and general corporate purposes. Axis Bank, ICICI Bank, and Trust Group are acting as arrangers. Adani Power aims to expand its total generation capacity to 42 gigawatts by 2032 and has reported Rs 23,000 crore EBITDA and Rs 36,000 crore gross debt.