Indian Renewable Energy Development Agency

Get information about the indian renewable energy development agency limited.

Indian renewable energy development agency.

Details related to objectives of the company financial status projects and schemes for generating electricity or energy through new or renewable sources are given. Welcome to indian renewable energy development agency limited. Pti ireda defers plan to raise rs 600 crore via tax free bonds. It had issued the tender on friday with a ceiling tariff of rs 2 93 per unit.

India ratings and research ind ra has assigned ind aa rating with stable outlook to state run indian renewable energy development agency s rs 20 billion tax free bonds. Its current market capitalisation stands at rs 0 cr. Users can find information related to sectors financed by the ireda such as hydro energy wind energy. Being a nodal agency jreda is working for implementation of fiscal and financial incentives made available by the ministry of new and renewable energy.

The indian renewable energy development agency ireda offers a credit enhancement guarantee scheme to support the issuance of bonds by wind and solar energy project developers. Solar energy corporation of india is the renewable energy ministry s nodal agency that is responsible for conducting wind and solar auctions. The ministry of new and renewable energy mnre is a ministry of the government of india that is mainly responsible for research and development intellectual property protection and international cooperation promotion and coordination in renewable energy sources such as wind power small hydro biogas and solar power.

By providing unconditional and irrevocable partial credit guarantees ireda aims to enhance the credit rating of bonds for renewable energy projects thereby improving. Indian renewable energy development agency ltd. Its today s share price is 0. Draft offer documents filed with sebi.

The broad aim of the ministry is to develop and deploy new and. The ceiling tariff had earlier been revised from rs 2 85 per unit to rs 2 93 to encourage participation.