Stress in conventional power generation space and no new private investment in the sector see the two lenders gradually shift to newer areas
As per the draft papers, the IREDA's IPO comprises sale of 13.9 crore shares or about 15 per cent stake of the company
Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh
The loan sanctions by Ireda have grown from Rs 826 crore in 2007-08 to Rs 7,806 crore in 2015-16
IREDA had earlier this month said that it may raise Rs 1,500-2,000 crore through taxable bonds in the ongoing fiscal
The money raised will be utilised for financing renewable energy projects, IREDA CMD K S Popli said