PFC & REC see no impact on loans to Adani projects

Indian state-owned lenders PFC and REC express confidence in Adani Group project loans. Existing projects are largely operational, and loan repayments are current. Lenders emphasize project-specific financing based on revenue. Future loan decisions will follow standard procedures. This follows the indictment of Adani officials, impacting Adani Green Energy, Adani Transmission, and Adani Ports.