According to a report from Bloomberg, Adani's Mundra Power Plant is under the scanner with a $1 billion debt.
Adani's Mundra power plant has more liabilities than assets and has run up $1.8 billion of losses, as per a Bloomberg report which added that the conglomerate has deployed more than $1 billion of creative debt-financing to paper over the deficit and reassured investors and lenders that profits will come soon.
But Adani Power Ltd.’s auditor can’t fully make sense of the math underp...
