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Govt grants section 54EC tax benefit status to IREDA bonds
CBDT) under the Ministry of Finance has notified bonds issued by IREDA as ‘long-term specified asset’ under section 54EC of the Income-tax Act, 1961. Bonds redeemable after five years and issued by IREDA on or after 9 July, 2025, will qualify for tax exemption benefits. The proceeds from these bonds will be utilised exclusively for renewable energy projects capable of servicing debt through their project revenues, without dependence on State Governments for debt servicing.
Jul 102 min read


IREDA Celebrates 11th International Day of Yoga at Sunder Nursery
IREDA actively participated in the celebration of the 11th International Day of Yoga at Sunder Nursery, New Delhi. The event, organised in collaboration with MNRE, Ministry of Consumer Affairs, Food and Public Distribution, and other CPSEs and departments, was observed with this year’s global theme “Yoga for One Earth, One Health”, highlighting the vital role of yoga in promoting individual well-being and planetary health.
Jun 231 min read


IREDA successfully raises ₹2,005.90 crore via QIP to boost green financing
Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilised by issuing 12.15 crore equity shares at a price of ₹165.14 per share, which includes a premium of ₹155.14 per share over the face value of ₹10.
Jun 112 min read


IREDA bags ‘Excellent’ rating from DPE, ranked among Top 4 CPSEs and no. 1 in Power & NBFC sector
Indian Renewable Energy Development Agency Ltd. (IREDA), the largest pure-play green financing NBFC in the country, has been recognised as the top performer among Power and NBFC sector CPSEs by the Department of Public Enterprises (DPE) for the annual performance MoU signed by the company for FY 2023-24.
May 212 min read


IREDA joins national mission for TB-free India with awareness and screening camp
The session aimed at educating IREDA employees, including contractual staff, about TB prevention, early diagnosis, and benefits of treatment
Feb 121 min read


CMD, IREDA highlights Odisha’s renewable energy potential at Utkarsh Odisha 2025
CMD Ireda addressed “Sustainable Growth of Renewable Energy & Equipment Manufacturing” at Utkarsh Odisha 2025 in Bhubaneswar
Jan 292 min read


IREDA launches revamped intranet portal; pays homage to former Prime Minister Dr Manmohan Singh
During the launch of revamped intranet portal, CMD, IREDA, paid respects to the passing away of former Prime Minister Dr. Manmohan Singh
Dec 27, 20242 min read


Odisha Solar Investor Conclave: IREDA sanctions over Rs 3,000 crore; CMD commits support for state 10 GW RE target
CMD of IREDA delivered a special address at the Odisha Solar Investor Conclave, organised by GRIDCO, in Bhubaneswar
Dec 23, 20241 min read


CMD, IREDA highlights Rajasthan’s renewable energy potential at Rising Rajasthan Summit
IREDA’s loan portfolio for Rajasthan stood at approximately Rs. 8,600 crores as of 30th September 2024
Dec 10, 20241 min read


Bhutan-India Renewable Energy Roundtable: CMD, IREDA promotes collaborative financing solutions
Shri Das assured that IREDA stands ready to extend support to Bhutan’s renewable energy initiatives within regulatory framework of India
Oct 28, 20242 min read


IREDA to raise approx. ₹4500 crore through fresh equity issue; Govt shareholding to be diluted via QIP
The fund-raising exercise aims to strengthen IREDA’s capital base, enabling it to scale financing for renewable energy projects
Sep 18, 20241 min read


Union Ministers inaugurate IREDA Pavilion at “2nd International Conference on Green Hydrogen”
The IREDA pavilion showcases the organisation’s key role in financing renewable energy projects
Sep 11, 20241 min read


CMD highlights IREDA's push for lower borrowing costs and green taxonomy at CII Financing 3.0 Summit
IREDA underscored the company’s commitment to reducing borrowing costs and enhancing the bankability of India’s renewable energy sector.
Sep 2, 20242 min read


IREDA and BHEL discuss joint efforts to accelerate India's renewable energy growth
IREDA and BHEL discussed joint efforts to accelerate progress towards India’s target of 500 GW of non-fossil fuel-based installed capacity
Aug 28, 20241 min read


CMD, IREDA meets CM and Dy CM of Odisha to boost green energy financing
The meetings focused on IREDA’s pivotal role in renewable energy financing and its commitment to sustainable development.
Jul 3, 20241 min read


IREDA's impressive Q1 performance: 383% increase in loan sanctions, 68% rise in disbursements and loan book hits Rs. 63,150 crore
IREDA sanctioned loans amounting to Rs. 9,136 crore, reflecting a significant growth of 382.62% compared to Rs. 1,893 crore
Jul 1, 20241 min read


IREDA's Rs 1,500 crore bond issue oversubscribed by 2.65 times
The funds have been raised at an annual interest rate of 7.44% for a tenure of 10 years and 2 months.
Jun 21, 20241 min read


IREDA incorporates subsidiary in GIFT City, Gujarat
IREDA has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat
May 9, 20241 min read
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