Indian Renewable Energy Development Agency Ltd (IREDA) has secured JPY 26 billion through external commercial borrowings (ECB) from the State Bank of India (SBI), Tokyo Branch, to accelerate renewable energy projects across India. The agreement, signed on March 27, 2025, includes a Green Shoe Option of JPY 10 billion, offering IREDA additional financial flexibility. The […]
IREDA shares fall below ₹200 ahead of board meet to approve QIP fund raise – CNBC TV18
Shares of the Indian Renewable Energy Development Agency (IREDA) Ltd. fell over 2%, hitting a day’s low of ₹195.03 ahead of its board meeting to approve fund-raising plans through a Qualified Institutional Placement (QIP). Company Value Change %Change The company’s board will meet today (January 23) to approve the fund raising proposal through the QIP […]
IREDA Q2 Results: Board approves new unit for retail businesses like PM Kusum – CNBC TV18
State-owned Indian Renewable Energy Development Agency Ltd. (IREDA) has received approval from DIPAM on October 10, 2024, and the Ministry of New and Renewable Energy to establish a wholly-owned subsidiary for its retail business. The retail business will include PM KUSUM, rooftop solar, and other consumer-focused segments in renewable energy, such as electric vehicles, energy […]