IREDA Raises ₹15 Billion via Bonds, Issue Oversubscribed 2.65 Times

The bonds carry an annual interest rate of 7.44% and a tenure of ten years and two months

June 24, 2024

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The Indian Renewable Energy Development Agency (IREDA) has raised ₹15 billion (~$179.5 million) through bonds, reflecting strong investor confidence in India’s renewable energy sector.

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Gautamee Hazarika

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IREDA Raises ₹15 Billion via Bonds, Issue Oversubscribed 2.65 Times

Continue Reading with Premium Access

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