The approval was for 13 90 crore equity shares this will be around worth rs 750 crore.
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Draft offer documents filed with sebi.
Indian renewable energy development agency limited jul 31 2019 public issues.
Indian renewable energy development agency limited a government of india enterprise our company was incorporated on march 11 1987 in new delhi under the companies act 1956 as a public limited company and obtained a certificate for commencement of business on march 21 1987.
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The initial public offer of state owned indian renewable energy development agency will be launched before september 2019 a top official said on thursday we can raise up to 15 per cent of our equity.
Indian renewable energy development agency ltd indian renewable energy development agency limited ireda was established on 11th march 1987 as a public limited government company under the.
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Ireda indian renewable energy development agency ltd pfc power finance corporation and rec are the three non banking financial institutions under mnre ministry of power.
Newer renewable electricity sources are projected to grow massively by nearer term 2022 targets including a more.
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India is running one of the largest and most ambitious renewable capacity expansion programs in the world.
This decision will go a long way in ensuring ease of doing business in re sector as the developers will now have one more option in fulfilling the tender requirement.
6 2 910 visvesvaraya bhavan the institution of engineers building khairatabad hyderabad 500 004.
Telangana state renewable energy development corporation ltd tsredco a state govt.