New Delhi, Jan. 15 -- Moody's Ratings has upgraded the outlook of Adani Ports and SEZ, Adani Transmission Step-One Limited and Adani Electricity Mumbai Limited, and reaffirmed the ratings.

The APSEZ would maintain solid access to liquidity and a credit profile in line with its Baa3 rating over the next 12-18 months, the rating agency noted.

APSEZ's robust financial profile is supported by the discretionary nature of its planned capital spending for growth and funding access.

The ATSOL and AEML would maintain access to liquidity and a credit profile supportive of their investment grade ratings over the next 12-18 months, it has asserted.

Moody's said it will continue to monitor the proceedings and negative development in the process - ...