2022:
2023:
2024:
2025:
| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Underwriting | 2022 | 2023 | 2024 | 2025 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The Andhra Pradesh Mineral Development Corp Ltd | mining | $573M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $573M | $573M | |||||||||||||||||||||
| NLC India LtdNeyveli Uttar Pradesh Power Ltd, NLC Tamil Nadu Power Ltd (based on GCEL 2025) | power, mining, infrastructure | $434M | $434M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $434M | ||||||||||||||||||||||
| NTPC LtdBhartiya Rail Bijlee Co Ltd, NTPC Mining Ltd, Patratu Vidyut Utpadan Nigam Ltd, THDC India Ltd, THDCIL-UJVNL Energy Co Ltd (based on GCEL 2025) | power, mining | $102M | $41M | $33M | $21M | $102M | $41M | $33M | $21M | $197M | ||||||||||||||||||
| GMR Power and Urban Infra LtdDhruvi Securities Ltd, GMR Energy Ltd, GMR Energy (Netherlands) BV, GMR Energy Trading Ltd, GMR Infrastructure Singapore Pvt Ltd, GMR Kamalanga Energy Ltd, GMR Warora Energy Ltd (based on GCEL 2025) | power | $184M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $184M | $184M | |||||||||||||||||||||
| Indian Railways | $40M | Not On GCEL Change in Company Structure | $40M | Not On GCEL Change in Company Structure | $40M | |||||||||||||||||||||||
| Torrent Power Ltd | power | $31M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $31M | $31M | ||||||||||||||||||||||
| Adani GroupAbbot Point Operations Pty Ltd, ACC Ltd, Adani Electricity Mumbai Ltd, Adani Energy Solutions Ltd, Adani Enterprises Ltd, Adani Global FZE, Adani Hazira Port Ltd, Adani Infra (India) Ltd, Adani Krishnapatnam Port Ltd, Adani Murmugao Port Terminal Pvt Ltd, Adani Ports and Special Economic Zone Ltd, Adani Power Dahej Ltd, Adani Power Ltd, Adani Rugby Run Finance Pty Ltd, Ambuja Cements Ltd, Anuppur Thermal Energy (MP) Pvt Ltd, Bowen Rail Co Pty Ltd, Bravus Mining and Resources, CG Natural Resources Pvt Ltd, Gare Pelma III Collieries Ltd, Jhar Mineral Resources Pvt Ltd, Kalinga Alumina Ltd, Katni Thermal Energy (MP) Ltd, Korba Power Ltd, Kutchh Power Generation Ltd, Mahan Energen Ltd, Mahanadi Mines and Minerals Pvt Ltd, MH Natural Resources Pvt Ltd, Mirzapur Thermal Energy (UP) Pvt Ltd, MP Natural Resources Pvt Ltd, Mundra Petrochem Ltd, North Queensland Export Terminal Pty Ltd, NQXT Capital Pty Ltd, Orissa Thermal Energy Ltd, Parsa Kente Collieries Ltd, Pench Thermal Energy (MP) Ltd, Talabira (Odisha) Mining Ltd, The Dhamra Port Co Ltd (based on GCEL 2025) | power, mining, infrastructure | $17M | $8M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $17M | $8M | $24M | ||||||||||||||||||||
| Grasim Industries LtdAditya Birla Capital Ltd, UltraTech Cement Ltd (based on GCEL 2025) | mining | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $5M | $5M | |||||||||||||||||||||
| Power Finance Corp LtdJharkhand Infrapower Ltd, REC Ltd (based on GCEL 2023) | mining, infrastructure | $1M | $1M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $1M |