State-owned Indian Renewable Energy Development Agency Ltd’s (IREDA) board on Thursday approved a proposal of Rs 24,200 crore borrowing for 2024-25.
The borrowing includes fundraising through bonds, perpetual debt instruments (PDI), term loans, commercial papers, and external commercial borrowings (ECB), a regulatory filing said.
According to the filing, the Board of Directors, in its meeting held today — Thursday, March 28, 2024 — inter-alia has approved the borrowing programme of up to Rs 24,200 crore for FY 2024-25.