IREDA to issue 11-year bonds to raise Rs 1,500 crore

IREDA, an Indian renewable energy agency, plans to raise Rs 1,500 crore through bond sales with a greenshoe option of Rs 1,000 crore. The company’s share price saw a 3% increase after the news, and its wholly-owned subsidiary received approval to open a finance company in GIFT City. IREDA also reported a 26.8% increase in […]