Adani calls for new credit rating framework

Adani Group Chairman Gautam Adani on Monday urged rating agencies to develop a new credit framework to assess "integrated platform infrastructure”, arguing that conventional models may not fully capture the wider economic and strategic value created by large infrastructure projects.

Speaking at the CareEdge Conversation on 'Infrastructure Landscape: Vision for Viksit Bharat' organised by credit rating firm CareEdge here, Adani called on CareEdge Group to develop what he described as the world’s first comprehensive Credit Framework for Integrated Platform Infrastructure.

“Why should the world’s first truly comprehensive Credit Framework for Integrated Platform Infrastructure not come from India? Why should CareEdge not lead it?” Adani said. He said such a framework should be capable of evaluating multi-dimensional infrastructure and recognising ecosystem multipliers, adjacency value and strategic resilience.