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Adani Energy Solutions raises USD 1 bn in record Qualified Institutional Placement

Adani Energy Solutions Limited (AESL) has achieved a milestone by raising Rs 8,373 crore (USD 1 billion) through its Qualified Institutional Placement (QIP), marking the largest QIP ever conducted in India’s power sector. According to a press release, the QIP, which is AESL’s first equity raise since its demerger and listing from Adani Enterprises Limited […]