Adani Energy Solutions Limited has announced an update on the credit rating of its subsidiaries. Moody's Ratings has revised the outlook for Adani Transmission Step-One Limited and Adani Electricity Mumbai Limited (AEML) from ‘Negative’ to ‘Stable’. Concurrently, Moody's has affirmed the Baa3 senior secured ratings for both entities.

Furthermore, Moody's has affirmed the (P)Baa3 senior secured Medium-Term Note (MTN) programme ratings for AEML. This credit rating update is available on the company's website, www.adanienergysolutions.com.