The Indian Renewable Energy Development Agency Limited (IREDA) held a board meeting on March 19, 2026, where significant financial decisions were made regarding borrowing plans for the upcoming fiscal years.
During the meeting, IREDA's Board of Directors approved an enhancement of the borrowing plan for the fiscal year 2025-26. The borrowing limit has been increased from ₹30,800 crore to ₹35,800 crore.
This increase will facilitate fund raising through various financial instruments, including taxable bonds, subordinated Tier-II bonds, perpetual debt instruments, and term loans from banks and financial institutions.
Additionally, lines of credit from international agencies, short-term loans, and external commercial borrowings (ECB) are also included in the plan.
For the fiscal year 2026-27, IREDA has set a market borrowing programme of up to ₹40,000 crore, excluding funds raised under Extra Budgetary Resource (EBR).
The borrowing strategy includes a diverse range of instruments such as taxable bonds, green taxable bonds, subordinated Tier-II bonds, perpetual debt instruments, green masala bonds, and green foreign currency bonds in USD, EUR, and JPY.
The programme also encompasses bond ETFs, term loans from domestic banks, lines of credit from international agencies, and public and private placements of tax-free bonds, if allocated by the Government of India.
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The board also approved modifications to the "Policy for Determination of Materiality of Events/Information for Disclosures to Stock Exchanges." This updated policy is available on the company's website at www.ireda.in.
As of March 20, 2026, at 9:33 AM, Indian Renewable Energy Development Agency share price on NSE was trading at ₹120.01 up by 2.94% from the previous closing price.
The IREDA board meeting on March 19, 2026, resulted in key decisions to enhance borrowing plans for FY 2025-26 and establish a comprehensive market borrowing programme for FY 2026-27. These measures are aimed at supporting the agency's financial strategies and operational goals.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 20, 2026, 11:11 AM IST
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