India’s Adani returns to the PP market for more

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By Silas Brown
06 Apr 2020

Adani Transmission has raised a further $90m US private placement, according to market sources, after it became earlier this year the first Indian company to raise debt in the market since 2007.

Adani Transmission claims to be India's largest private electricity transmission company, with over 14,000km of power lines and over 3m customers. It is part of the Adani Group, whose operations range from financial services to defence.

In January, the company became the first Indian borrower to sell ...

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