Indian Renewable Energy Development Agency (IREDA) today received an upgrade in its long term issuer credit rating from S&P Global Ratings, moving to `BBB` from `BBB-`, with Stable Outlook. The short-term rating has also been revised to `A-2` from `A-3`.Powered by Capital Market - Live News

Indian Renewable Energy Development Agency announced the appointment of Rahul Kamal as General Manager (Projects) with effect from 09 October 2025. Powered by Capital Market - Live News

Net profit of Indian Renewable Energy Development Agency rose 41.67% to Rs 549.33 crore in the quarter ended September 2025 as against Rs 387.75 crore during the previous quarter ended September 2024. Sales rose 26.55% to Rs 2050.20 crore in the quarter ended September 2025 as against Rs 1620.02 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2050.201620.02 27 OPM %93.6192.51 - PBDT706.83469.34 51 PBT696.39459.91 51 NP549.33387.75 42 Powered by Capital Market - Live News

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 14 October 2025.Powered by Capital Market - Live News

Indian Renewable Energy Development Agency (IREDA) has raised Rs. 453 crores at 7.70% per annum through its second issue of Perpetual Bonds today, marking a significant step in strengthening its capital base for financing green energy projects. The issue drew strong investor interest, with total bids worth Rs. 1,343 crore against the base size of Rs. 100 crore and a Green Shoe option of Rs. 400 crore. This resulted in oversubscription by 2.69 times, reflecting growing confidence in IREDA`s role as a leading financier of India`s renewable energy sector. Commenting on the fund raising, Shri Pradip Kumar Das, Chairman and Managing Director, IREDA, said, �These bonds will strengthen our Tier-I Capital and help scale up renewable energy financing, accelerating India`s transition to a greener and more sustainable future. I sincerely thank all the investors for their overwhelming response and continued trust in IREDA, which motivates us to deliver even greater value to the renewable energy ecosystem and the nation.�Powered by Capital Market - Live News