Indian Renewable Energy Development Agency Ltd

As on 31st March 2026, loan sanctioned rose 9% YoY to Rs 51,883 crore and loan disbursements climbed 16% YoY to Rs 34,946 crore. Meanwhile, the company's wholly owned subsidiary, IREDA Global Green Energy Finance IFSC (IGGEFIL) received international credit ratings from CareEdge Global Ratings. IGGEFIL has been assigned a Long-Term Foreign Currency Issuer Rating of 'BBB+/Stable', which is at par with India's sovereign rating. Seperately, the company has signed a facility agreement for raising External Commercial Borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) for JPY 28 billion, including a green shoe option of JPY 12 billion. IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. The company 's consolidated net profit rallied 15.42% to Rs 1,381.36 crore on 26.80% increase in total revenue from operations to Rs 6,135.08 crore in Q3 FY26 over Q3 FY25.

Indian Renewable Energy Development Agency has fixed 02 April 2026 as record date for payment of interim dividend of Rs 0.60 per equity share of face value of Rs 10 each for FY 2026. Powered by Capital Market - Live

Indian Renewable Energy Deve. Agency announced that the Board of Directors of the Company at its meeting held on 25 March 2026, inter alia, have recommended the interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.Powered by Capital Market - Live

The company will borrow funds depending on market conditions and its funding requirements, through taxable bonds, green taxable bonds, sub-ordinated Tier-II Bonds, perpetual debt instruments (PDI) masala bonds, foreign currency bonds , foreign currency bonds, term loan from Banks and financial institutions, and external commercial borrowings. The company may also raise funds though through lines of credit from international agencies, public and private placement of bonds, short-term loans, working capital demand loans and other debt securities. Meanwhile, the board also approved an increase in the borrowing limit for FY 2025-26 from up to Rs 30,800 crore to up to Rs 35,800 crore, through instruments such as taxable bonds, Tier-II bonds, perpetual debt instruments, bank loans, external commercial borrowings and credit lines from multilateral and bilateral agencies. Further, the company said its board is scheduled to meet on 25 March 2026 to consider a proposal for the declaration of an interim dividend for FY 2025'26. IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. The company 's consolidated net profit rallied 15.42% to Rs 1,381.36 crore on 26.80% increase in total revenue from operations to Rs 6,135.08 crore in Q3 FY26 over Q3 FY25.Powered by Capital Market - Live

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 25 March 2026.Powered by Capital Market - Live

The board of Indian Renewable Energy Development Agency at its meeting held on 19 March 2026 has approved the following: 1. Enhancement of Borrowing Plan for FY 2025-26 from up to Rs. 30,800 crore to up to Rs. 35,800 crore. The Borrowing includes fund raising through Taxable Bonds/ Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI) /Term loan from Banks and FI's /Lines of credit from international agencies (multilateral and bilateral agencies) /Short term loans & WCDL from Bank/ External Commercial Borrowings (ECB). 2. Raising of Resource i.e. Market Borrowing programme upto Rs 40,000 crore for the FY 2026-27 excluding funds raised under Extra Budgetary Resource (EBR). The Borrowing includes fund raising through Taxable Bonds/Green Taxable Bonds/Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI)/ Green Masala Bonds/ Green Foreign currency bonds (USD/EUR/JPY) / Foreign currency bonds (USD/EUR/JPY)/ Bond ETF/ Other Bond / any other instrument in the nature of Bond/debentures/debt securities/Term loan from Banks and FI's from domestic market/Lines of credit from international agencies/Public & private placement of Tax-free bonds, if allocated by the GoI/Capital Gains Bonds/Commercial Papers/Short term loans/CC/WCDL from Banks/Foreign Currency Non-Resident (FCNR -B) Loans from banks/External Commercial Borrowings (TL & Bonds)/ Foreign currency Borrowings such as term loans, syndicated loans, subordinated loans/Foreign currency Bonds/ Notes such as unsecured/ secured Bonds, perpetual bonds, subordinated bonds/any other instrument for raising foreign currency borrowings / Rupee denominated foreign currency borrowings/any other instrument for mobilization of funds from domestic sources in one or more tranches/series at an appropriate time, depending on market conditions and its funding requirements. Powered by Capital Market - Live

The proposed plan includes raising capital through a mix of debt instruments such as bonds, term loans, and commercial papers from domestic as well as international markets. Further, the board will also consider enchancement of borrowing plan for the FY 2025-26. IREDA is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. The company 's consolidated net profit rallied 15.42% to Rs 1,381.36 crore on 26.80% increase in total revenue from operations to Rs 6,135.08 crore in Q3 FY26 over Q3 FY25. The scrip declined 1.84% to Rs 114.95 on the BSE. Powered by Capital Market - Live

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 19 March 2026.Powered by Capital Market - Live

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

IREDA Global Green Energy Finance IFSC (IGGEFIL), the wholly owned subsidiary of Indian Renewable Energy Development Agency (IREDA), today approved the sanction of its first loan during the Board meeting held in New Delhi. The milestone sanction of USD 22.5 million has been extended to Swarna Solar (SSL) for developing a 100 MW Photovoltaic Solar Power Plant in the Serenje District of the Central Province of Zambia. This first loan sanction marks a significant step for IGGEFIL as it begins to expand India's green financing footprint into international markets and support sustainable energy development globally.Powered by Capital Market - Live