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IREDA raises ₹910.37 crore through 10-year tier-II bonds at 7.74%. The funds will enhance tier-II capital, increase net worth, and strengthen CRAR. IREDA share price down by 0.12%.
State-owned Indian Renewable Energy Development Agency Limited (IREDA) has successfully raised ₹910.37 crore through privately placed subordinated tier-II bonds with a 10-year tenor at an annual coupon rate of 7.74%. This strategic move aims to tap liquidity in the financial market, bolster tier-II capital, and strengthen the company's net worth and capital to risk-weighted assets ratio (CRAR). The raised capital is expected to empower IREDA to support the country’s clean energy transition by financing green energy projects.
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IREDA raised ₹910.37 crore through tier-II bonds at 7.74% for 10 years.
The raised capital will enhance tier-II capital and CRAR.
Funds will support renewable energy financing and clean energy transition.
IREDA share price dropped by 0.12%, closing at ₹169.85 on BSE.
IREDA also approved a borrowing plan of ₹30,800 crore for FY 2025-26.
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The bond issuance reflects the growing confidence of investors in IREDA’s financial position and strategic vision. The raised funds will boost IREDA’s capital base, enhancing its ability to finance renewable energy projects. As part of its financial strategy, IREDA has also approved a borrowing plan of ₹30,800 crore for FY 2025-26. This includes raising funds through various financial instruments such as bonds, loans, and green bonds to attract domestic and international investments.
Financial Metrics | Details |
Raised Capital | ₹910.37 crore |
Bond Type | Privately placed tier-II |
Coupon Rate | 7.74% |
Tenure | 10 years |
Borrowing Plan (FY 2025-26) | ₹30,800 crore |
IREDA Share Price (BSE) | ₹169.85 |
Share Price Change | -0.12% |
The successful issuance of tier-II bonds is a strategic move by IREDA to secure long-term capital for financing sustainable energy projects. This step aligns with the Government of India’s goal to achieve 500 GW of non-fossil fuel-based energy capacity by 2030. Additionally, IREDA is exploring the issuance of green bonds and foreign currency loans to diversify its funding sources. This approach is expected to attract both domestic and global investors, supporting IREDA’s mission of financing the country's clean energy transition.
The IREDA share price ended at ₹169.85 on the BSE, down by ₹0.20 or 0.12%. Despite the minor dip, the company’s solid financial planning and commitment to sustainable energy projects continue to reinforce investor confidence. As the renewable energy sector continues to grow, IREDA’s strategic financing decisions will play a pivotal role in shaping India’s green energy future.
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