A report from a company official and three bankers, two units of India's Adani group are in talks with merchant bankers to raise up to Rs 1,500 crore ($181 million) each through local currency bonds as part of the ports-to-power conglomerate's goal of raising 100 billion rupees this fiscal year.

The plans are part of the Adani group's tentative return to local bond markets following a hiatus since January, when U.S. short-seller Hindenberg Research raised governance concerns, causing a selloff in the group's stocks. The group has refuted these allegations.

According to bankers, Adani Airport Holdings and Adani Ports and Special Economic Zone may enter the market first, offering around 10-15 billion rupees. They are looking to issue up-to-five-year bonds as soon as September, said one banker directly familiar with the plans.

"The (Adani) group is testing investors' appetite for its securities and will tap the market only when there will be a comfort of demand," said the second banker who advises the conglomerate on local borrowings.

The group's flagship Adani Enterprises as well as Adani Electricity Mumbai are also in talks for possible debt issues, the bankers said.