RCap arm to get Rs 300 cr loan from IREDA for green projects

Government has targeted to raise its renewable energy capacity to 175 GW by 2022 from 45 GW at present.

Moody's assigns investment grade rating to IREDA's masala bond

Assets of the company as on March 31, 2017 were Rs 1.87 billion (USD 2.9 billion).

IREDA has sanctioned around Rs 37,000 crore of credit for clean energy projects in the country.

The Baa3 rating of IREDA takes into consideration its standalone credit profile and the high linkage with the Government of India.