ireda

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Daily News Wrap-Up: Jharkhand’s Consultancy Tender for 600 MW Floating Solar Project

Jharkhand Renewable Energy Development Agency has invited bids from consultants to conduct a bathymetry survey and soil test report to develop a 600 MW floating solar...

May 18, 2023

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Mercom India

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Daily Wrap-up
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Government Floats Bids to Select Advertising Firm & Registrar for IREDA IPO

The Ministry of Finance has invited bids to select an advertising agency for listing and partial disinvestment of the Union government’s shareholding in the Indian...

May 17, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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Finance Ministry Invites Bids from Merchant Bankers for IREDA IPO

The Ministry of Finance’s Department of Investment and Public Asset Management has invited bids from book-running lead managers (BRLMs) to help list the...

April 27, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: Haryana’s Green Open Access Regulations

Consumers in Haryana with a contracted demand or sanctioned load of at least 100 kW will be eligible for Green Energy Open Access, with no limit on the power supply for...

April 27, 2023

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Mercom India

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Daily Wrap-up
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Reduced NPAs Help IREDA Post 12% YoY Jump in Q4 Profit at $31 Million

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2.54 billion (~$31 million) for the fourth quarter (Q4) of the financial...

April 26, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Renewable Lender IREDA Approved 37% More Loans in FY 2022-23

The Indian Renewable Energy Development Agency (IREDA) has approved ₹327.6 billion (~$4 billion) worth of loans as on March 27, up 37% year-over-year (YoY), which...

March 29, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Kerala’s 100 MW Solar Empanelment Tender

The Kerala State Electricity Board (KSEB) has invited bids to empanel solar developers to set up 100 MW of grid-connected rooftop and ground-mounted projects. Empaneled...

March 21, 2023

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Mercom India

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Daily Wrap-up
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Government Approves Renewable Sector Lender IREDA’s IPO

The Indian Renewable Energy Development Agency (IREDA) has received the cabinet nod for listing on stock exchanges after an Initial Public Offering (IPO) via a part sale...

March 20, 2023

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Module Exports Surge

India’s solar module exports witnessed an unprecedented surge in 2022, recording a 321% hike year-over-year, totaling $561.6 million. It was primarily driven by demand...

March 15, 2023

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Mercom India

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Daily Wrap-up
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IREDA Receives Infrastructure Finance Company Status from the RBI

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has been granted an ‘Infrastructure Finance Company’ (IFC) status by the Reserve Bank of India...

March 14, 2023

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Satish Shetty

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Other

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Renewable Energy
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IREDA Plans to Finance Renewable Energy Projects in Foreign Currency

The Indian Renewable Energy Development Agency (IREDA) plans to finance renewable energy projects in foreign currency for which an office would be established in Gujarat...

February 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Renewable Sector Lender IREDA’s Q3 Profit Jumps 88% YoY to ₹2 Billion

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2 billion (~$24.3 million) for the third quarter (Q3) of the financial...

February 10, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: RBI to Auction Green Bonds on January 25

The government announced the sale of sovereign green bonds (SGB) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25....

January 23, 2023

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Mercom India

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Daily Wrap-up

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Other
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Government Sets IREDA Revenue Target of ₹33.61 Billion for FY23

The Government of India has set a revenue target of ₹33.61 billion (~$414 million) for the financial year (FY) 2022-23 for Indian Renewable Energy Development Agency...

January 20, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Husk Power Secures $750,000 in Debt Financing to Expand Operations

Husk Power Systems, a solar microgrids operator, has secured a $750,000 loan from German Investment Corporation –  Deutsche Investitions- und...

January 6, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar

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