Are Adani Green Energy’s debt-fuelled sunny days coming to an end?

Charges of fraud levelled against chairman Gautam Adani and two key board members could spell trouble for India’s largest renewable energy developer, especially when its entire growth strategy is contingent on raising debt.

21 November, 202411 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Are Adani Green Energy’s debt-fuelled sunny days coming to an end?

You may also like

Business
Story image

Adani and Ambani’s media bets sink deeper into the red

NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.

Business
Story image

Reliance’s $3 billion deal sparks life in green ammonia sector

Mukesh Ambani's conglomerate signs one of the world's largest binding green ammonia offtake agreements. In doing so, it delivers a credibility boost to an industry stuck between ambition and execution.

Business
Story image

BOB's Rs 10,000-crore green bond cracks open a new market for Indian banks

The state-owned lender’s successful issuance—and rare pricing advantage—signals India’s hesitant sustainable finance market may finally be maturing