Adani Power raises Rs 7,500 crore through NCD; largest domestic bond issuance by Adani Group
Jan 23, 2026
This would mark the Adani Group's largest domestic bond issuance to date. According to sources, major investors in the proposed NCD issue include SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank, among others. The proceeds from the fundraise are expected to be used for general corporate expenses and other requirements, they said.