Adani Power Raises 75 Billion Rupees Amid US Fraud Allegations and Market Value Loss

Adani Power Limited successfully raised 75 billion rupees in domestic debt while the U.S. SEC moved against leadership, wiping 12.5 billion dollars from the group.

Insights:
Adani Power Limited successfully raised 75 billion rupees through a domestic debt sale on Friday, January 23, 2026. This significant financial milestone occurred on the same day that the U.S. Securities and Exchange Commission sought court permission to serve fraud and bribery allegations against group founder Gautam Adani gautam adaniand executive Sagar Adani sagar adani. The contrast between the successful fundraising and international legal pressure coincided with a major 12.5 billion dollar loss in the group’s total market capitalization.
A view shows high-tension electricity power line pylon outside Adani Power's thermal power generation plant at Mundra in the western state of Gujarat, India, November 30, 2024. REUTERS/Amit Dave
A view shows high-tension electricity power line pylon outside Adani Power's thermal power generation plant at Mundra in the western state of Gujarat, India, November 30, 2024. REUTERS/Amit Dave
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