In a significant boost for India’s infrastructure giant, Japan’s leading credit rating agency JCRA has assigned robust foreign currency ratings to three key Adani Group companies. Adani Ports and SEZ earned an A- (Stable) rating, while Adani Green Energy and Adani Energy Solutions both secured BBB+ (Stable) – matching India’s sovereign rating.
This endorsement from a prestigious Japanese agency underscores the group’s financial discipline and operational excellence. Jugeshinder Singh, Group CFO of Adani Group, highlighted that these ratings reflect their strong balance sheets and commitment to world-class execution across diverse infrastructure assets.
Adani Ports stands out with its rating surpassing the sovereign level, a rare feat for Indian infrastructure firms. JCRA praised the company’s superior infrastructure capabilities, consistent profitability, stable long-term cash flows, and prudent financial management.
The ratings signal growing global confidence in Adani’s business model. They affirm the group’s strategic depth, attracting international lenders and investors. This positions Adani as a frontrunner in India’s infrastructure development, promising sustainable growth.
For Adani Green and Energy Solutions, the BBB+ ratings align with national benchmarks but highlight their solid credit profiles amid rapid expansion in renewables and power transmission. These developments come as Adani continues to diversify and strengthen its portfolio.
Industry experts view this as a milestone, showcasing Adani’s alignment with international credit standards. It opens doors for better funding terms and reinforces India’s role in global infrastructure narratives.