Adani Green Energy to raise $2 billion via bonds and loans, focusing on renewable projects, including Khavda solar park expansion, while targeting a 50 GW capacity by 2030
Firms grappling with high inflation and soaring operating costs are seeking fresh short-term liquidity lines in an echo of the worst days of the 2020 coronavirus pandemic
If India is included in the global bond indices, it could ensure potential inflows of up to $30 billion into Indian fixed-income securities
Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019
The company will use the proceeds for onward lending and other activities
Both ICICI and SBI raise bonds at fine rates despite India's poor rating