The group is able to access various funding sources despite the November 2024 US indictment relating to certain board members of Adani Green Energy Ltd. (Photo source: Adani Ports) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Fitch Ratings has upgraded the outlook on Adani Ports and Special Economic Zone Ltd., Adani Green Energy Ltd., and Adani Electricity Mumbai Ltd.'s Long-Term Foreign-Currency Issuer Default Rating and unsecured note ratings to 'Stable' from 'Negative' and affirmed all ratings at 'BBB-'.

The contagion risk associated with Adani Ports and Special Economic Zone, Adani Green Energy Ltd., and Adani Electricity Mumbai Ltd. is easing, as the Adani Group has demonstrated access to diversified funding sources, Fitch Ratings said in an article on its website

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