Public Sector Unit News

CMD, IREDA Calls for Innovative Financing Models to Fast-Track RE Growth

  • August 29, 2025
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Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA) shared insights during a panel discussion on “Green Transition – Innovative Development and Financial Models for Renewable Energy” at Rajasthan Business Summit 2025. Das underlined that India has firmly entered the acceleration phase of its green transition, with RE capacity crossing 237 GW […]

Public Sector Unit News

IREDA Successfully Raises ₹2,005.90 Crore via QIP to Boost Green Financing

  • June 11, 2025
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Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilized 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. The issue price of ₹165.14 reflects […]