Adani Power Ltd., India’s largest private thermal power producer, plans to raise Rs 8,000 crore ($836 million) through local debt markets this year to fund expansion, according to people familiar with the matter.
The fundraising includes 50 billion rupees of public debt and around 30 billion rupees of loans from a group of lenders led by State Bank of India, the people said, asking not to be identified as the information is private.
