InvestorQ : What is Adani Power raising funds for currently?
shrinidhi Rajan made post

What is Adani Power raising funds for currently?

Answer
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Riya Dwivedi answered.
3 months ago


Adani Power has secured approval to raise Rs.2500 crore in one or more tranches to sustain business growth and to finance its massive expansion plans in the next few years. These funds are to be raised in multiple currencies and through a mix of equity and debt. Details of the issue price and timing are expected to be worked out shortly.