IREDA to Consider Borrowing Plan for FY 2025-26

The Indian Renewable Energy Development Agency Ltd. (IREDA) is set to consider a borrowing plan for the financial year 2025-26. This move follows the recent enhancement of its borrowing limit for FY 2024-25 to Rs 29,200 crore, an increase of Rs 5,000 crore. IREDA, a key player in India's renewable energy sector, has been actively raising funds through various instruments, including taxable bonds and external commercial borrowings. The upcoming borrowing plan will likely support IREDA's continued efforts to finance green energy projects and drive India's clean energy transition. The agency's financial strategies are crucial for expanding renewable energy capacity and meeting national sustainability goals.

Source: Reuters, IREDA, Business Standard