The perpetual bonds were issued at an annual coupon rate of 8.40 per cent.
The joint venture agreement lays out a comprehensive framework for the project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer model, with a 25-year project term from the commercial operation date.
Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday.
The Department of Administrative Reforms and Public Grievances launched special campaign 4.0 for institutionalizing Swachhata and minimizing pendency in government offices from October 2-31.
“I am happy over IREDA's excellent second-quarter results,” stated Union Minister for New and Renewable Energy and Food, Public Distribution, Joshi.
The subsidiary was officially incorporated on May 7 after the approval of the RBI which came through in February this year.
The Indian Renewable Energy Development Agency Ltd (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat for green financing.
At the close, Sensex was 17 points, or 0.02 per cent, higher at 73,895.54, while the Nifty 50 closed 33 points, 0.15 per cent , lower at 22,442.70.
India's ambitious goal of achieving 500 GW of non-fossil-fuel energy capacity by the year 2030, positions it as a beacon of hope in the global fight against climate change
CMD Das emphasised the critical role that energy storage will play in achieving the National Green Hydrogen Mission’s ambitious target of over 5 million metric tonnes per annum (MTPA) Hydrogen production by 2030.
