Adani Electricity Mumbai Ltd, established in 2000, is a prominent electric utility company based in Mumbai, India, dedicated to delivering reliable power supply to the bustling metropolitan area. The company is a subsidiary of the Adani Group and focuses on generation, transmission, and distribution of electricity, catering to over three million consumers in one of the world's largest urban agglomerations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ADANEM 3.87% 2031-07-22 USDAdani Electricity Mumbai Ltd | India | 2031-07-22 | 3.867 | 5.54 |
| ADANEM 3.87% 2031-07-22 USDAdani Electricity Mumbai Ltd | India | 2031-07-22 | 3.867 | 5.54 |
| ADANEM 3.95% 2030-02-12 USDAdani Electricity Mumbai Ltd | India | 2030-02-12 | 3.949 | 5.40 |
| ADANEM 3.95% 2030-02-12 USDAdani Electricity Mumbai Ltd | India | 2030-02-12 | 3.949 | 5.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company made its first significant bond issuance in 2018, raising ₹3,000 crores to fund its infrastructure expansion and improve service delivery. In recent years, Adani Electricity Mumbai has continued to issue bonds, with notable offerings including a ₹8,000 crore green bond in 2021, aimed at funding renewable energy projects, which has drawn attention due to its attractive yields compared to industry averages. As of 2023, the company's bonds are noted for their strong credit ratings, reflecting its robust operational performance and commitment to sustainable energy, positioning it as a competitive player in the Indian bond market.