renewable energy finance

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ACME Solar appoints new CPO, secures Rs 4,725 crore financing
By December 18, 2025December 18, 2025

ACME Solar Holdings Limited has announced two developments aligned with its long-term growth strategy. On 17 December 2025, ACME Solar confirmed the appointment of Ayalur S Kumar as Chief Procurement and Supply Chain Officer. Kumar has over 30 years of experience in procurement, supply chain strategy, and operations across renewable energy, electric vehicle infrastructure, and the power sector. His previous roles include senior positions at Fortum, Skoda Power, ABB, and Alstrom. He holds a Bachelor…

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India | Finance | News

IREDA reports 86 per cent growth in loan sanctions in H1 FY 2025-26
By October 3, 2025October 28, 2025

Indian Renewable Energy Development Agency Limited (IREDA) has reported strong growth in its key business indicators for the half year ended September 30, 2025, based on provisional data. Loan sanctions rose by 86 per cent to Rs 331.48 billion in H1 FY 2025-26, up from Rs 178.60 billion in the same period last year. Loan disbursements increased by 54 per cent to Rs 150.43 billion, compared to Rs 97.87 billion in H1 FY 2024-25. As…

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News | Finance | India

IREDA raises Rs 4.53 billion through second perpetual bond issue
By September 12, 2025October 28, 2025

The Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 4.53 billion through its second perpetual bond issue at a coupon rate of 7.70 percent per annum. The issue received bids worth Rs 13.43 billion against the base size of Rs 1 billion and a green shoe option of Rs 4 billion, resulting in an oversubscription of 2.69 times. Proceeds will be used to strengthen IREDA’s capital base and finance renewable energy projects across India….

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India | News

IREDA sanctions Rs 117.40 billion in Q1
By July 7, 2025July 7, 2025

The Indian Renewable Energy Development Agency (IREDA) has sanctioned Rs 117.40 billion in loans during the first quarter of FY26, marking a 29 per cent increase from Rs 91.36 billion in the same period last year. Loan disbursements also rose by 31 per cent year-on-year to Rs 69.81 billion. IREDA’s outstanding loan book stood at Rs 799.60 billion at the end of the quarter, 27 per cent higher than the Rs 632.07 billion recorded in…

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India | News

IREDA raises Rs 2,005 crore via QIP
By June 12, 2025June 12, 2025

Indian Renewable Energy Development Agency Ltd. (IREDA) has raised Rs 2,005.90 crore through a Qualified Institutions Placement (QIP). The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share. This price includes a premium of Rs 155.14 over the face value of Rs 10. The issue price reflects a 5.00% discount on the floor price of Rs 173.83 per share. The QIP opened on June 5, 2025, and closed on June…

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