Mumbai: Adani Green Energy, India's largest private sector renewable power company, is looking to raise around $2 billion in the next few months in multiple tranches through international bonds and loans, according to people close to the development.The company will hit the bond market in the next few days with a $600 million issue, the people said. It had called off a $1.2-billion bond issue last month as investors demanded a higher yield due to geo-political issues then. It had last time given a price guidance for a fixed coupon rate of 7% for the 20-year bond.The pricing this time around is likely to be much higher, the people said. Yield on the 10-year US Treasury has been moving up in recent weeks, hitting its highest level since May 31. The issue is seeing enough demand from long-only investors, the people said115392951Last time around, the money was being raised for four Rajasthan-based subsidiaries which are into operational wind and solar energy. For the new bond issuance, the company will bring in only three of these subsidiaries. For the remaining subsidiary, it is in talks with international investors for a private placement of 20-year tenure, which could be finalised by early next year.Adani Green had signed a $3.4 billion construction framework agreement with a clutch of international banks. It had initially taken three- to five-year loans for its projects and is now looking at bond issuances as this would help free up bank lines and also elongate tenures to 20 years.115392959The company had signed the framework agreement with banks including DBS, Mizuho, SMBC, MUFG, First Abu Dhabi Bank, ENBD, Intasa and ING and some of these banks would be a part of the bond issuance. It is also looking to expand the quantum of the framework agreement to $5 billion.The company did not offer a comment. The move comes as the company will have to start looking at operationalising more capacity in the Khavda project where it is building a 30 GW solar project, claimed to be the world's largest renewable energy park. About 2.2 GW of the facility has been operationalised till September 2024.Adani Green will also raise two other tranches of $300 million and $550 million for construction finance through bank loans in the next couple of months.Adani Green has an operational portfolio of 11.18 GW and plans to take it to 50GW by 2030. Its revenue in the second quarter grew 20% from a year earlier to ₹2,309 crore while net profit rose 39% to ₹416 crore.The company's recent expansions added 2,868 MW, including 2,000 MW of solar and 450 MW of wind.