News

These consistent achievements underline the organization’s dedication to driving India’s renewable energy goals

IREDA’s presence in GIFT City will mark a significant milestone in its mission to spearhead innovative solutions for green financing

Total income of the company increased by 35.57% at Rs 1,698.98 crore for Q3FY25

The company shall utilise the proceeds from such bonds only for those renewable projects which can service the debt out of the project revenues without being dependent on the State Governments for the service of debts

The Company will represent again to the RBI in this regard

It became operational on December 5

The total consolidated income of the company increased by 29.73% at Rs 1,959.84 crore for Q1FY26

Total income of the company increased by 38.52% at Rs 1630.38 crore for Q2FY25

The subsidiary will also focus on emerging RE sectors, including EVs, energy storage, green technologies, sustainability, energy efficiency, etc

The securities offer a 7.70% annual coupon with a step-up of 50 basis points once in the lifetime of the bond, if not called alter 10 years

The MoU aims to support collaborative efforts in innovation and research initiatives, technology transfer, and nurturing the start-up ecosystem

The QIP was oversubscribed with bids amounting to Rs 2,005.90 crore against the base issue size of Rs 1,500 crore, achieving a subscription of 1.34 times

The consolidated total income of the company increased by 26.22% at Rs 2,057.85 crore for Q2FY26

Encompassing a range of services, the MoU includes provisions for co-lending and co-origination support for all Renewable Energy projects

This strategic initiative aims to strengthen regional energy security

The office will specialize in providing debt options denominated in foreign currencies

The borrowing limit for FY 2024-25 has been increased from Rs 24,200 crore to Rs 29,200 crore

The agreement paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of Renewable Energy projects

IREDA Global Green Energy Finance IFSC has received the Certificate of Registration from IFSCA

The approval was granted by DIPAM based on the recommendations of a High-Level Committee

Total income of the bank increased by 44.22% at Rs 1253.20 crore for Q3FY24

IREDA can set up a wholly owned subsidiary to meet the needs of the Retail segments, subject to the approval of the Government of India

Under the MoU, the Government of India has set a Revenue from Operations target of Rs 8,200 crore for FY 2025-26

The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company

This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence