ireda

thumbnail
Daily News Wrap-Up: CERC Eases Land Documentation Norms for ISTS Connectivity

The Central Electricity Regulatory Commission (APERC) permitted special purpose vehicles (SPVs) or subsidiaries of renewable energy companies to submit land and...

July 2, 2025

/

Tina Freese

/

Daily Wrap-up
thumbnail
IREDA’s Loan Approvals Grow 29% YoY to ₹117 Billion in Q1 FY 2026

Government-owned lender Indian Renewable Energy Development Agency’s (IREDA) loan approvals climbed by 29% year-over-year (YoY) to ₹117.4 billion (~$1.37 billion) in the...

July 1, 2025

/

Arjun Joshi

/

Finance and M&A

,

Renewable Energy
thumbnail
Funding and M&A Roundup: Voltfang Secures $17 Million

From: Mercom Capital Group Voltfang, an energy storage solutions provider, raised €15 million (~$17 million) in a Series B funding round led by Dutch investor FORWARD....

June 18, 2025

/

Staff

/

Finance and M&A

,

Other
thumbnail
Daily News Wrap-Up: Clean Energy Sector Welcomes RBI Interest Rate Cut

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing...

June 12, 2025

/

Mercom Staff

/

Daily Wrap-up
thumbnail
IREDA Raises ₹20 Billion Through Qualified Institutional Placement

Government-owned lender, Indian Renewable Energy Development Agency (IREDA), has raised ₹20.06 billion (~$234.71 million) through qualified institutional placement (QIP)...

June 11, 2025

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
IREDA’s Q4 FY 2025 Profits Up 49% as Non-Performing Assets Drop

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 49% year-over-year (YoY) increase in profit after tax for the fourth quarter...

April 16, 2025

/

Tina Freese

/

Finance and M&A

,

Renewable Energy
thumbnail
IREDA’s FY 2025 Loan Approvals Grow 27% YoY

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced a 27% rise in loan approvals for the financial year (FY) 2025, as per...

April 1, 2025

/

Tina Freese

/

Finance and M&A

,

Renewable Energy
thumbnail
Daily News Wrap-Up: UPPCL Announces 2 GW Solar Auction Results

NTPC Renewable Energy (NTPC REL), ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve declared winners in Uttar Pradesh...

March 31, 2025

/

Staff

/

Daily Wrap-up
thumbnail
IREDA Secures $172 Million ECB Facility from SBI Tokyo

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172...

March 28, 2025

/

Tina Freese

/

Finance and M&A

,

Renewable Energy
thumbnail
IREDA Raises ₹9.1 Billion Through Privately Placed Tier-II Bonds

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II...

March 26, 2025

/

Melvin Mathew

/

Finance and M&A

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Large-Scale Solar Project Costs Down 8% YoY in Q4 2024

In the fourth quarter (Q4) of calendar year 2024, the average cost of large-scale solar power projects in India fell over 8% year-over-year (YoY), according to Mercom’s...

March 21, 2025

/

Mercom Staff

/

Daily Wrap-up
thumbnail
IREDA Issues Perpetual Bonds to Raise ₹12.47 Billion

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has issued its first-ever perpetual bonds worth ₹12.47 billion (~$144.5 million) at an annual...

March 20, 2025

/

Tina Freese

/

Other

,

Renewable Energy
thumbnail
Month in a Minute: Top Headlines from the Indian Renewable Sector in January 2025

Global corporate funding in the solar sector in 2024 reached $26.3 billion, a 24% year-over-year decline from $34.4 billion, according to Mercom’s Annual and Q4 2024...

thumbnail
IREDA To Raise ₹50 Billion Through QIP For Green Energy Growth

The Indian Renewable Energy Development Agency (IREDA), a public sector company under the Ministry of New and Renewable Energy (MNRE), has announced plans to raise ₹50...

January 23, 2025

/

Staff

/

Finance and M&A

,

Renewable Energy
thumbnail
Daily News Wrap: Leading States in Solar-Powered Agriculture Under KUSUM Program

Maharashtra and Rajasthan are frontrunners in adopting the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component C, demonstrating...

January 13, 2025

/

Mercom Staff

/

Daily Wrap-up

1

2

3

...

11