Cash-hungry Gautam Adani utility shows funding urgency to power India

Gautam Adani's Adani Transmission faces a funding gap that may require it to infuse as much as $700m by March 2026 to fulfill existing project commitments, according to India's unit of Fitch Ratings. Thirteen projects are currently underway, but many face delays or cost overruns, while others have seen adverse weather, pandemic-era disruptions or legal wrangles. This funding is mission-critical for Adani and the government of India's Infrastructure plans.

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