Ireda News - Latest Updates & Headlines
State-owned IREDA launches 1st-ever perpetual bond to raise Rs 1,247 crore
New Delhi, March 20: State-owned renewable energy financier, Indian Renewable Energy Development Agency (IREDA), on Thursday announced that it has launched its first-ever perpetual bond to raise Rs 1,247 crore.
IREDA finalises pact for joint venture to set up 900 MW hydroelectric project in Nepal
New Delhi, Jan 17: The Indian Renewable Energy Development Agency Ltd. (IREDA) on Thursday finalised a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydroelectric Project in Nepal as part of a strategic initiative aimed to strengthen regional energy security and accelerate renewable energy growth, according to an official statement.
IREDA records 26.8 per cent jump in Q3 net profit at Rs 425.37 crore
New Delhi, Jan 10: Indian Renewable Energy Development Agency Ltd. (IREDA) has announced a 26.8 per cent jump in net profit to Rs 425.37 crore for the October-December quarter of the current financial year from Rs 335.54 crore in the same quarter of the previous year.