ireda

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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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IREDA Approves ₹44.45 Billion Loan for SJVN to Develop 1 GW Solar Project

The Indian Renewable Energy Development Agency (IREDA) has sanctioned a ₹44.45 billion (~$537.14 million) loan to SJVN Green Energy, a subsidiary of SJVN, to develop a 1...

December 15, 2022

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Satish Shetty

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Finance and M&A

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Solar

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Utility Scale
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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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Daily News Wrap-Up: MNRE Extends Timeline for Solar Projects Under CPSU Program

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has granted a timeline extension until...

December 28, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23

Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023,...

November 14, 2022

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Rakesh Ranjan

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Finance and M&A

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Other
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Smaller Solar Module Manufacturers Find it Challenging to Raise Capital

Module manufacturers are scrambling to add capacity and upgrade technology after the government effectively barred imports. While large and established companies say...

October 18, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: IREDA Partners with Bank Of India to Fund Renewable Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: Indian Renewable Energy Development Agency (IREDA) signed a memorandum of...

August 23, 2022

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Satish Shetty

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Other

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Renewable Energy
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IREDA Records 19% YoY Jump in Profit to ₹2.25 Billion in Q1 FY 23

A non-banking financial company (NBFC) under the Ministry of New and Renewable Energy (MNRE), the Indian Renewable Energy Development Agency (IREDA) posted a total...

August 11, 2022

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy

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