Adani Power receives upgrade in credit ratings from CARE

Adani Power announced that CARE Ratings has upgraded the credit ratings of long-term bank facilities and long term / short term bank facilities of Adani Power to CARE AA+; Stable and CARE AA+; Stable / CARE A1+ respectively. The rating agency has also upgraded the credit rating assigned to APL's Non-Convertible Debentures to AA+; Stable.