Engagement of BRLMs for listing and partial Disinvestment of the Government of India’s Equity shareholding in IREDA through an IPO and to raise funds through issue of fresh equity shares in the domestic market. For more information please see below link:
Orient Green Power loss narrows to nearly Rs 19 cr in March quarter – EQ Mag
Orient Green Power Company on Thursday posted a consolidated net loss of Rs 18.97 crore in the March quarter on the back of higher expenses. The consolidated net loss of the company was Rs 32.35 crore in the year-ago period, a BSE filing stated. The company’s total income stood at Rs 46.45 crore during the […]
Government Kickstarts IREDA IPO Process, Scouts For Merchant Bankers – EQ Mag
The BRLM would advise the Government/IREDA on the timing and the modalities of the Initial Public Offer (IPO), undertake due diligence, advice on regulatory norms and conduct roadshows to generate investor interest The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable […]
IREDA crosses highest annual loan disbursement and sanction – EQ Mag
Loan disbursement of Rs. 16,320 crores and loan sanction of Rs. 32,578 crores for Renewable Energy projects during FY 2022-23 Indian Renewable Energy Development Agency Ltd. (IREDA) has achieved a significant milestone by achieving the loan disbursement of Rs. 16,320 during FY 2022-23. The earlier highest annual loan disbursement was during FY 2021-22 of Rs. […]
IREDA makes record Rs 16,320 loan disbursements; sanctions Rs 32,578 crore as loan in FY23 – EQ Mag
The milestone achieved is the highest in the history of the company, Indian Renewable Energy Development Agency Ltd (IREDA) said in a statement State-owned IREDA on Monday said it has made a record Rs 16,320 loan disbursement and sanctioned loans worth Rs 32,578 crore in the 2022-23 fiscal. The milestone achieved is the highest in […]
CCEA approves IREDA to be listed on Stock Exchange – EQ Mag
Guwahati: The Cabinet Committee on Economic Affairs (CCEA) has approved the listing of Indian Renewable Energy Development Agency (IREDA), a CPSE under the Ministry of New and Renewable Energy (MNRE) on the stock exchanges through an Initial Public Offering (IPO). . IPO) by selling part of the government’s stake in it and issuing fresh equity […]
Cabinet nod for listing of renewable energy mini-ratna IREDA – EQ Mag
The government said the instant decision has been necessitated due to change in capital structure following infusion of capital to the tune of Rs 1,500 crore by the government in March 2022. NEW DELHI : The government on Friday approved the listing of IREDA, a CPSE under the Ministry of New & Renewable Energy (MNRE) […]
IREDA appoints Rohini Rawat, Ram Nihal as independent directors – EQ Mag
Rohini Rawat and Ram Nihal have been appointed as Independent Directors on the Board of IREDA with effect from March 9, 2023 New Delhi : Indian Renewable Energy Development Agency (IREDA) on Thursday announced the appointed of two Independent Directors on its Board. According to the company’s statement, Rohini Rawat and Ram Nihal have been […]
IREDA will be an integral part in achieving 500 GW from non-fossil fuel by 2030: CMD – EQ Mag
New Delhi [India] : Indian Renewable Energy Development Agency Limited (IREDA) Chairman and Managing Director (CMD) Pradip Kumar Das said the Miniratna company stands fully committed towards achieving Prime Minister Narendra Modi’s ‘Panchamrita’ targets and would be an integral part in achieving the 500 GW of non-fossil fuel-based capacity by 2030. Speaking at a cyclothon […]
IREDA gets ‘Infrastructure Finance Company’ status from RBI – EQ Mag
IFC status to allow IREDA to take higher exposure to RE financing and raise funds at competitive rates The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) today. It was earlier classified as ‘Investment and Credit Company (ICC)’. With the IFC status, IREDA […]