Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings
The Indian Renewable Energy Development Agency (IREDA) is planning to raise approximately Rs 25,000 crore through debt and around Rs 4,500 crore via equity this fiscal year. Chairman Pradeep Kumar Das highlighted that they are working with the government to approve a 10% dilution of their stake. Recently, S&P Global Ratings assigned IREDA a ‘BBB-‘ ...