IREDA to raise Rs 29,500 crore in FY 25, plans international expansion

IREDA plans to generate Rs 25,000 crore from the debt market and Rs 4,500 crore through equity this fiscal. They seek government approval for a 10 per cent stake dilution. Additionally, they aim to sustain a ‘AAA’ rating by maintaining a healthy capital adequacy ratio to support their borrowing plans.