In Short : Juniper Green Energy has secured ₹1,739 crore in funding from the Indian Renewable Energy Development Agency (IREDA) to support its clean energy initiatives. The investment will be used to expand solar and wind power projects, boosting India’s renewable capacity. This move strengthens Juniper Green’s role in driving sustainable growth and achieving national […]
Q1 Results: IREDA Posts 49% Growth in Operating Profit, Income Up 30% – EQ
In Short : IREDA reported a 49% rise in operating profit to ₹581 crore for Q1 FY25, while total income grew 30% to ₹1,401 crore. Net profit increased 26% to ₹335 crore. The strong performance was driven by robust loan disbursements and growing demand for renewable energy financing, reflecting IREDA’s continued focus on supporting India’s […]
Govt Grants Section 54EC Tax Benefit Status to IREDA Bonds – EQ
Central Board of Direct Taxes (CBDT) under the Ministry of Finance has notified bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) as ‘long-term specified asset’ under section 54EC of the Income-tax Act, 1961. The notification came into effect from July 9, 2025. As per the notification, bonds redeemable after five years and issued […]
IREDA Posts Strong Q1 Growth; Disbursements Jump 31%, Loan Book Rises 27% – EQ
In Short : IREDA reported strong Q1 FY26 results with a 31% surge in disbursements to ₹6,981 crore and a 29% rise in loan sanctions to ₹11,740 crore. The outstanding loan book grew 27% year-on-year to ₹79,960 crore. Backed by a ₹2,000 crore QIP, the company continues to strengthen its role in financing India’s renewable […]
IREDA Successfully Raises ₹2,005.90 Crore via QIP to Boost Green Financing – EQ
In Short : IREDA has raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP), issuing 12.15 crore equity shares at ₹165.14 each. The issue was oversubscribed 1.34 times, with LIC acquiring nearly half. Funds will strengthen IREDA’s Tier-I capital and support renewable energy financing, reinforcing investor confidence and advancing India’s green energy transition goals. In […]
CMD, IREDA Lauds CMA Leadership at 62nd National Convention – EQ
In Short : At the 62nd National Convention of the Institute of Cost Accountants of India (CMA), IREDA CMD praised CMA leadership for advancing financial transparency and sustainable practices. He highlighted cost accountants’ vital role in driving economic growth, especially in the renewable energy sector. The appreciation reflects the strengthening collaboration between financial professionals and […]
MNRE Secretary Reviews IREDA Performance and Strategic Initiatives – EQ
In Short : MNRE Secretary Smt. Nidhi Khare reviewed IREDA’s performance, highlighting its 27% annual growth in the loan book and 51% increase in profits over the past five years. Discussions focused on IREDA’s role in helping India achieve its 500 GW non-fossil fuel target by 2030. Khare praised IREDA’s progress and assured continued support […]
IREDA shares jump 6% post Q4 results – EQ
In Short : IREDA shares jumped nearly 6% after posting strong Q4 FY25 results, with net profit rising 49% to ₹502 crore and revenue up 37% to ₹1,904 crore. The stock hit ₹179.50 on NSE. Despite a slight rise in net NPAs to 1.35%, analysts remain bullish, citing strong earnings and a 28% growth in […]
IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo – EQ
Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]
IREDA raises funds amounting to Rs 910.37 crore via issuance of Tier-II bonds – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) has successfully raised ₹910.37 crore through the issuance of Tier-II bonds. This fundraising aims to strengthen IREDA’s capital base and support financing for renewable energy projects across the country. The move aligns with India’s clean energy push, enabling increased investments in solar, wind, and other […]