IREDA To Raise ₹50 Billion Through QIP For Green Energy Growth

Government shareholding in IREDA stays with a 7% dilution

January 23, 2025

/ Staff
/ Finance and M&A, Renewable Energy
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The Indian Renewable Energy Development Agency (IREDA), a public sector company under the Ministry of New and Renewable Energy (MNRE), has announced plans to raise ₹50 billion (~$588.24 million) through a qualified institutions placement (QIP) of equity shares.

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