Adani Green Energy Ltd (AGEL) is reportedly looking to raise $1.8 billion from a group of overseas lenders to ramp up its capacity in solar and wind energy.
A Bloomberg report on Thursday said the renewables arm of the Adani group is in talks with lenders such as Deutsche Bank, Standard Chartered Plc, Barclays Plc, BNP Paribas SA and Rabobank.
If the sum is raised by Adani within December, it will be among the 20 biggest major currency loans in Asia this year, the report said.