• ABOUT
  • PRIVACY
  • CONTACT
  • ADVERTISE
No Result
View All Result
KeralaNews 24x7
Friday, August 1, 2025
  • HOME
  • NEWS
  • ENTERTAINMENT
  • CRYPTO
  • SPORTS
    • OLYMPIC
    • CRICKET
    • FOOTBALL
    • KABADDI
    • BASKETBALL
    • TENNIS
    • WWE
  • TECHNOLOGY
  • HEALTH
  • EVENTS
  • DEALS
    • SPECIAL DEALS
  • BLOG
    • BUSINESS
    • FINANCE
    • DIGITAL MARKETING
    • EDUCATION
    • LIFE STYLE
    • REAL ESTATE
    • ART
    • ADULT
    • CASINO
    • FASHION
    • GAMES
    • LAW AND ORDER
    • TRAVEL
  • HOME
  • NEWS
  • ENTERTAINMENT
  • CRYPTO
  • SPORTS
    • OLYMPIC
    • CRICKET
    • FOOTBALL
    • KABADDI
    • BASKETBALL
    • TENNIS
    • WWE
  • TECHNOLOGY
  • HEALTH
  • EVENTS
  • DEALS
    • SPECIAL DEALS
  • BLOG
    • BUSINESS
    • FINANCE
    • DIGITAL MARKETING
    • EDUCATION
    • LIFE STYLE
    • REAL ESTATE
    • ART
    • ADULT
    • CASINO
    • FASHION
    • GAMES
    • LAW AND ORDER
    • TRAVEL
No Result
View All Result
News 24x7
No Result
View All Result

IREDA Secures ₹5,000 Crore QIP Approval, Signaling a Shift in Renewable Finance

Nishita Masih by Nishita Masih
5 months ago
Reading Time: 3 mins read
0
0
0
SHARES
1
VIEWS
FBXLinkedinWhatsAppTelegram

Indian Renewable Energy Development Agency has won shareholder backing for a ₹5,000 Crore Qualified Institutional Placement. The remote e-vote at its 22nd EGM sets the stage for a transformative move in renewable finance.

Fundraising Milestone and Shareholder Vote

IREDA’s plan to raise ₹5,000 Crore through a Qualified Institutional Placement marks a significant inflection point for the company’s capital strategy. The recent remote voting on February 25, 2025, clearly reflected investor confidence in the proposed financial move.The approval came as a unanimous show of support, bolstering the agency’s ambitions.

Chairman and Managing Director Pradip Kumar Das led the meeting with an unmistakable resolve, emphasizing the need for fresh capital to drive upcoming projects. Investors from diverse backgrounds rallied behind the decision, seeing it as a well-calculated push for growth. This decisive vote not only greenlit the QIP but also hinted at broader strategic ambitions that could attract new market partnerships.

Fresh capital injections of this size are rare in the sector, and industry insiders are already speculating on the possible ripple effects across renewable funding channels.

ireda renewable energy finance news

Government Shareholding Reduction and Its Impact

The QIP includes a planned reduction of up to 7% in the Government of India’s stake in IREDA.
Investors and policymakers alike see this dilution as a strategic move aimed at refreshing the company’s shareholding structure. The reduction could allow for a more agile decision-making process, a shift welcomed by market participants. Many believe that trimming the government’s stake will open the door to a more competitive investment atmosphere. Analysts note that such a realignment might foster greater investor interest while paving the way for innovative financing structures. Some industry experts argue that the change signals an evolving mindset among public sector undertakings. This measured step is expected to boost confidence among private investors, reflecting a subtle yet important rebalancing of ownership dynamics.

Financial Highlights and Market Reactions

IREDA’s financial performance in the first nine months of FY 2024-25 has caught the attention of market watchers.
The agency reported a loan book totaling ₹68,960 Crore alongside loan sanctions of ₹31,087 Crore. Disbursements reached ₹17,236 Crore, which many see as evidence of steady progress in its lending operations.These figures paint a picture of a company on an upward swing.

Key financial metrics stand out clearly:

  • Loan Book: ₹68,960 Crore
  • Loan Sanctions: ₹31,087 Crore
  • Disbursements: ₹17,236 Crore
    To offer a quick snapshot, see the table below: | Metric | Amount (Crore ₹) | |——————-|——————| | Loan Book | 68,960 | | Loan Sanctions | 31,087 | | Disbursements | 17,236 | Market analysts are closely watching these numbers, noting that such strong performance could inspire further investor confidence. There is a growing buzz about how these financial milestones might drive more green energy projects and influence funding trends in the sector.

Expansion Through Global Green Energy Finance IFSC

IREDA’s wholly owned subsidiary recently received a certificate from the International Financial Services Centre Authority. This nod enables IREDA Global Green Energy Finance IFSC Limited to launch operations as a finance company in Gift City, Gujarat. News of the certification has sparked excitement among investors, with many eager to see its market debut. In tandem with the QIP, shareholders also approved changes to the company’s Articles of Association. These amendments facilitate the setup of joint ventures and overseas subsidiaries, promising to widen the agency’s operational scope. The enhanced board powers, under the prestigious Navratna status, are expected to boost its competitive edge. Such regulatory approvals and corporate reforms signal that IREDA is setting its sights on fresh opportunities. Board members believe that this dual thrust—both in raising funds and expanding globally—will help the agency tap into new markets and forge strategic alliances.
The move is seen as a clear indicator that IREDA is ready to adjust its business model to meet evolving market needs. Shareholders, regulators, and market experts are watching these developments with keen interest, as they may well redefine the competitive landscape in renewable finance.

ShareTweetShareSendShare
Nishita Masih

Nishita Masih

Nishita Maish is a senior content manager, blending creativity with strategic insight to craft compelling narratives that captivate audiences. With a passion for storytelling and a knack for digital engagement, she has elevated brands and content strategies to deliver lasting impact in the ever-evolving digital world.

Related Posts

apple iphone 16 june 2025 earnings

Apple Smashes June Quarter Records with $94 Billion Revenue Surge

14 hours ago
bitcoin price chart july 2025 dollar rally altcoin risk

Bitcoin Struggles Near Record Highs as Market Caution Trumps Bullish Momentum

14 hours ago
gautam gambhir at the oval training session

Tempers Flare at The Oval as Gautam Gambhir Clashes with Ground Curator Ahead of Fifth Test

2 days ago
nasscom-tcs-tech-layoffs-india-ai-skills-2025

Nasscom Warns of Layoffs as India’s Tech Sector Shifts Gears Amid AI Disruption

2 days ago
google pixel 10 pro official press render leak

Google Pixel 10 Series Officially Teased Ahead of August 20 Launch, Big Leaps in Design and Zoom Tech

3 days ago
amazon india office employees workspace interior

Amazon India Faces Renewed Backlash Over “Toxic” Work Culture as Employee Voices Multiply

3 days ago
redmi 15 5g smartphone india launch battery

Redmi 15 5G With 7000mAh Battery, Snapdragon 6s Gen 3 Set to Launch in India on August 19

3 days ago
ethereum price chart 2025

Ethereum Nears $3,800 as GoldenMining Taps Into Surging Investor Appetite

3 days ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SEARCH

No Result
View All Result

ADVERTISEMENTS

(adsbygoogle = window.adsbygoogle || []).push({});

POPULAR ARTICLES

Bitcoin ETF

Bitcoin surges past $61,000 as ETF demand boosts crypto market

1 year ago
Bitcoin

Navigating the Future: Bitcoin’s Price Trajectory in the Coming Decade

1 year ago
Bitcoin Price

Navigating the Future: Bitcoin’s Price Trajectory Through 2030

1 year ago
eSports

Just How Big Will eSports Be?

8 years ago
Iontophoresis Device

Iontophoresis Device, the Best Treatment for Excessive Sweating

8 years ago
NOW Entertainment soon to Start Selling American Hustle82 Apparel

NOW Entertainment soon to Start Selling American Hustle82 Apparel

8 years ago
E-cigs Products in Classrooms

Is It Right to Ban the Juul and Other E-cigs Products in Classrooms?

8 years ago
Ryan Van Wagenen

Ryan Van Wagenen Expects Continued Growth for the Silicon Slopes

7 years ago
Working Remotely: Benefits for Employers and Employees

Working Remotely: Benefits for Employers and Employees

7 years ago
Benefits of installing Solar on your house

Benefits of installing Solar on your house

7 years ago
Facebook Twitter Youtube

ABOUT US

The KeralaNews 24×7 website is for desi entertainment lovers across India, USA and UK. We often cover breaking News & Trending topics in India and have been referenced by numerous media outlets. Follow us on our Social media profiles for the latest updates and news.

Contents produced in this website are subjected to DigitalCopyRight Law.

© 2023 KeralaNews 24×7 – Website Designed by VISION

WEBSITE STATS

  • Google News Approved
  • 1,00,000 Traffic/Month
  • Domain Authority – 25
  • 70% Traffic from Google

ADVERTISE WITH US

If you are looking to advertise your business or website, feel free to contact us at ceo.keralanews247@gmail.com

We accept following form of advertisements,

  • Banner Ads
  • Contextual Links
  • Guest Posts
  • Sponsored Posts

SEARCH

No Result
View All Result

MORE INFO

  • ABOUT
  • PRIVACY
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • NEWS
  • ENTERTAINMENT
  • CRYPTO
  • SPORTS
    • OLYMPIC
    • CRICKET
    • FOOTBALL
    • KABADDI
    • BASKETBALL
    • TENNIS
    • WWE
  • TECHNOLOGY
  • HEALTH
  • EVENTS
  • DEALS
    • SPECIAL DEALS
  • BLOG
    • BUSINESS
    • FINANCE
    • DIGITAL MARKETING
    • EDUCATION
    • LIFE STYLE
    • REAL ESTATE
    • ART
    • ADULT
    • CASINO
    • FASHION
    • GAMES
    • LAW AND ORDER
    • TRAVEL

© 2023 KeralaNews 24x7 - Website Designed by VISION

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.