India Business News: Moody's Investors Service has upgraded the outlook on four Adani Group firms to 'stable' from 'negative', a year after downgrading them. The group has
The global ratings agency has revised the outlook on Adani Green Energy, Adani Green Energy Restricted Group (AGEL - RG-1), Adani Transmission Step One, and Adani Electricity Mumbai to “stable” from “negative”.
Moody s upgraded the ratings of two green energy firms and two electricity generation and distribution firms following improved financials, timely debt repayments and a capital infusion.
The global ratings agency has revised the outlook on Adani Green Energy, Adani Green Energy Restricted Group (AGEL - RG-1), Adani Transmission Step One, and Adani Electricity Mumbai to “stable” from “negative”, it said in a release.