Adani Transmission gets a credit for $700 million 

$700 million credit for Adani Transmission

TeknikalRaman Money & Finance POSTED BY: Ranjeet Kumar PUBLISHED: Jun 25, 22

[{"selector":"#anim-90238963-d776-49eb-b501-31062cb43376 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5bf553bb-84f1-470e-94eb-b4428fab9383","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c41eed22-9dff-485e-8bca-f2327b0e3c8d","keyframes":{"transform":["translate3d(114.77986%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Adani Transmission’s $700 million revolving facility has been tagged as green loan by Sustainalytics.

[{"selector":"#anim-8fe52069-e985-4765-a294-77fa9542f810 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2765c285-ff00-41c6-876c-a89e9ec203bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3bcdb0a4-852e-44bc-89b4-b5b332941a0f","keyframes":{"transform":["translate3d(114.77986%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] In terms of the green loan structure, this offers the revolving facility confidence. (tata teleservices)

[{"selector":"#anim-92414bb9-0009-4ccc-ab15-54d21e1753ec [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-98c4a2e0-611a-4071-8ed8-a70aec0bdf47","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9691a2c1-7294-4181-816d-c60d0baa1b5f","keyframes":{"transform":["translate3d(114.77986%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Gujarat and Maharashtra are the two states where the $700 million revolving facility's initiatives are being carried out.

[{"selector":"#anim-cbe89873-a1cc-45e7-9b17-edb371e6bd17 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d3713e99-9e32-43a6-beba-932a9d7b64c9","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84444d35-5e68-4e4e-aef6-dbc8fb5a7230","keyframes":{"transform":["translate3d(114.77986%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] These initiatives in Gujarat are a part of the Green Energy Corridor Projects (GEC) of the Indian government, which are intended to transport and evacuate renewable energy.

[{"selector":"#anim-da40e855-38b8-4b70-b6d6-16f071eeda50 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-915b2653-5052-4e53-939c-0458f3d5b48c","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3ffb7ce-0da8-4674-b1e3-8f6645073b38","keyframes":{"transform":["translate3d(114.46540%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The projects in Maharashtra are designed to improve grid stability and provide a robust transmission network

[{"selector":"#anim-7ecacaec-b068-4ffe-9386-6c4a065bcce0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6334f6a9-a1e4-40ed-8064-4a3158694c5f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-442f5edd-4823-4d50-b5e2-ee5efa926987","keyframes":{"transform":["translate3d(114.15094%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] which would encourage a bigger proportion of renewable energy in the overall grid mix and increase the penetration of green energy to end users.

[{"selector":"#anim-2591673c-7e6d-4be5-9298-96c5c5953990 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-4.181817903795224%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-efad44b7-c8cb-4882-bb6b-af1b1fbbf5ef","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9967694e-b6f0-4fd5-a094-052336fa591d","keyframes":{"transform":["translate3d(114.15094%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Adani Transmission is a holding company. The business carries out electricity transmission. It deals in castor oil commerce and electric energy transmission.