Indian Renewable Energy Development Agency Ltd (IREDA) said it has raised ₹453 crore at 7.70% per annum through its second issue of Perpetual Bonds, a step that strengthens its capital base for financing green energy projects. The issue drew total bids worth ₹1,343 crore against the base size of ₹100 crore and a Green Shoe […]
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The Debts Recovery Tribunal (DRT), Delhi, has directed Gensol Engineering Ltd to maintain status quo with regards to its secured assets and vehicles in separate cases filed by state-run Indian Renewable Energy Development Agency Ltd (IREDA) and Power Finance Corporation. IREDA moved an original application before the DRT against Gensol Engineering seeking to recover over ₹510 crore. It […]
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