Indian Renewable Energy Development Agency Limited — Board Meeting, 17-03-2025: Outcome of Board Meeting

The Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) has announced a board meeting during which they approved an enhancement of the borrowing program for FY 2024-25 by ₹5,000 Cr. This increases the borrowing limit from ₹24,200 Cr to ₹29,200 Cr. The enhancements will be funded through various instruments including taxable bonds, subordinated Tier-II bonds, and external commercial borrowings. The meeting commenced at 3:30 P.M. and concluded at 5:20 P.M.