Adani Energy Solutions Limited

Adani Energy Solutions Limited is an Indian company in the power industry (formerly Adani Transmission Limited) with 2 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.65% to 8.7% a year. Maturity dates run from 28 Aug 2034 to 13 Nov 2034. NSDL records 0 of the 2 whose terms it holds as secured. Latest credit ratings on record: ICRA AA+ (Stable) (action dated 8 Jul 2026); India Ratings AA+ (Stable) (action dated 23 Dec 2025); CRISIL AA+ (Stable) (action dated 16 Oct 2024). Verify current terms against the official documents linked on this page.

Data as of 27 Oct 2026 · How this page is compiled

Issuer overview

Legal name
Adani Energy Solutions Limited
Formerly
Adani Transmission Limited
CIN
L40300GJ2013PLC077803
LEI
549300PLH866JQ6LXE52
Industry
Power
Business
Power - Transmission
Ownership
Non PSU
ISIN issuer code
INE931S
Outstanding bonds (ISINs)
2
Stated coupons (fixed rate)
8.65% – 8.7%
Maturity dates
28 Aug 2034 – 13 Nov 2034
Secured (NSDL)
0 of 2
Combined issue size of outstanding bonds
₹275 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Adani Energy Solutions bonds: ISIN, coupon and maturity

2 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE931S08023 NCD 8.7% Yearly 27 Aug 2024 28 Aug 2034 ₹1,00,000 150 Unsecured None recorded CRISIL AA+ 12 Jul 2024
INE931S08031 NCD 8.65% Yearly 13 Nov 2024 13 Nov 2034 ₹1,00,000 125 Unsecured None recorded CRISIL AA+ 16 Oct 2024
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.

Adani Energy Solutions credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA AA+ Stable New 8 Jul 2026 2 Checked 27 Oct 2026
India Ratings AA+ Stable Reaffirm 23 Dec 2025 2 Checked 27 Oct 2026
CRISIL AA+ Stable New 16 Oct 2024 2 Over 15 months old · Checked 27 Oct 2026
Rating history
Date Agency Rating Outlook Action
8 Jul 2026 ICRA AA+ Stable New
23 Dec 2025 India Ratings AA+ Stable Reaffirm
24 Dec 2024 India Ratings AA+ Stable Reaffirm
16 Oct 2024 CRISIL AA+ Stable New
12 Jul 2024 CRISIL AA+ Stable New
22 May 2024 India Ratings AA+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
13 Nov 2024 INE931S08031 13 Nov 2034 Placement memorandum on BSE
27 Aug 2024 INE931S08023 28 Aug 2034 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Adani Energy Solutions bonds: questions and answers

What bonds has Adani Energy Solutions Limited issued?

Adani Energy Solutions Limited has 2 outstanding bonds recorded on this page. By type, as described by NSDL: 2 NCDs.

What are the ISINs of Adani Energy Solutions Limited bonds?

Its 2 outstanding bonds each have their own ISIN, for example INE931S08023, INE931S08031. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE931S.

What coupon rates do Adani Energy Solutions Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.65% to 8.7% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Adani Energy Solutions Limited bonds mature?

Its outstanding bonds have maturity dates from 28 Aug 2034 to 13 Nov 2034. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Adani Energy Solutions Limited bonds?

NSDL India Bond Info records ICRA AA+ (Stable) (action dated 8 Jul 2026); India Ratings AA+ (Stable) (action dated 23 Dec 2025); CRISIL AA+ (Stable) (action dated 16 Oct 2024) on its outstanding bonds. Checked on NSDL on 27 Oct 2026. A rating is the agency's opinion and can change at any time.

Are Adani Energy Solutions Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 2 outstanding bonds whose terms it holds as secured and 2 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Adani Energy Solutions Limited the same company as Adani Transmission Limited?

Yes. Adani Energy Solutions Limited was formerly known as Adani Transmission Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L40300GJ2013PLC077803.

Where can investors find the original disclosure documents for Adani Energy Solutions Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Adani Energy Solutions Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 27 Oct 2026. Facts on this page last changed on 27 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

Bond Interpretation
Bond Interpretation
Bond Interpretation is Newsinterpretation's desk for Indian bond issuers. Its issuer profiles are compiled automatically from issuers' own disclosures and public records (NSDL India Bond Info, BSE), with research and editorial review by Riskpro. Profiles are information, not investment advice.

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