IREDA Board Approves Enhanced Borrowing Plan and Resource Mobilization Program
Indian Renewable Energy Development Agency Limited (IREDA) announced on March 19, 2026, that its Board of Directors has approved an enhancement to its borrowing plan for the fiscal year 2025-26, raising the limit from up to ₹30,800 Crore to up to ₹35,800 Crore. The borrowing will be sourced through various instruments, including taxable bonds, subordinated Tier-II bonds, perpetual debt instruments, term loans, lines of credit, and external commercial borrowings.Furthermore, the Board approved a market borrowing program of up to ₹40,000 Crore for the fiscal year 2026-27, excluding funds raised under Extra Budgetary Resource (EBR). This program encompasses a range of financing options, including green bonds, masala bonds, foreign currency bonds, bond ETFs, and other debt securities, to be utilized as market conditions and funding requirements dictate.
The Board also approved a modification to IREDA's ‘Policy for Determination of Materiality of Events/Information for Disclosures to Stock Exchanges,’ which is available on the company's website at www.ireda.in. The Board meeting was held from 4:30 PM to 6:35 PM.
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