Adani Transmission raises $310m debt through US private placement

Adani Transmission raises $310m debt through US private placement

Adani group chairman Gautam S. Adani. Photographer: Tomohiro Ohsumi/Bloomberg

Gautam Adani-led Adani Transmission Ltd, the largest private sector power transmission company in India, has raised $310 million in dollar-denominated debt through a private placement to US-based investors, the transmission company said in a stock exchange filing on Tuesday.