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Adani Ports Gets 'BBB' Upgrade From S&P, Matches India's Sovereign Rating

The rating agency expects annual capital expenditure to rise to about Rs 18,000 crore in fiscal 2027 and 2028 and Rs 20,000 crore in fiscal 2029, from historical levels of around Rs 13,000 crore.

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AI summary

The rating agency expects annual capital expenditure to rise to about Rs 18,000 crore in fiscal 2027 and 2028 and Rs 20,000 crore in fiscal 2029, from historical levels of around Rs 13,000 crore.

What happened

The rating agency expects annual capital expenditure to rise to about Rs 18,000 crore in fiscal 2027 and 2028 and Rs 20,000 crore in fiscal 2029, from historical levels of around Rs 13,000 crore.

Why it matters

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Key facts
  • Category: top
  • Edition: IN
  • Fetched: Thu, 25 Jun 2026 18:32:01 GMT

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