Adani Group to Restructure Debt, Refinancing Existing Bank Loans with Longer-Tenure Funding

As per news report, the Adani Group has stated that it does not foresee an immediate debt reduction. Instead, the strategic focus is on modifying its debt structure by refinancing operational assets through long-tenure capital market instruments, according to Jeet Adani. 

Refinancing Instead of Immediate Debt Reduction 

Jeet Adani, speaking to CNBC-TV18 on December 19, 2025, explained that the group’s financial strategy centres around using loans from Indian banks during the construction phase of large infrastructure projects.  

Later, when these projects generate stable cash flows, the debts are refinanced through long-term instruments.  

He cited the Navi Mumbai International Airport as an example, where project loans from Indian banks are being used. These loans will be refinanced once the asset is operational. 

Operational Assets to be Shifted to Capital Market-Based Funding 

The group intends to shift from relying solely on bank loans to tapping debt markets both globally and domestically. This change aims to secure loans with longer tenures, potentially ranging from 10 to 30 years.  

Jeet Adani mentioned that while Indian banks are well positioned to handle construction-phase risks, operational-phase funding is better served through capital markets. 

Read More: Adani Enterprises Announces December 23, 2025 as Record Date for First Call on Rights Issue Shares! 

Consistent Group-Wide Strategy Across Projects 

This funding and refinancing strategy is being applied uniformly across the Adani Group’s infrastructure portfolio. The method allows the company to free up Indian bank capacity for new construction loans once current project loans are refinanced.  

Jeet Adani also indicated a ₹27,000 crore target as a possible borrowing milestone but clarified that the focus would remain on reorganisation rather than immediate reduction in total debt. 

Conclusion 

The Adani Group is prioritising restructuring its debt portfolio through long-tenure refinancing methods. By moving operational assets away from traditional bank financing towards capital market instruments, the conglomerate aims to balance its funding sources more efficiently. 

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