IREDA shares surge over 10% on Rs 4,500-crore fundraising plan
The Indian Renewable Energy Development Agency Ltd (IREDA) on Wednesday said its board will consider a proposal to raise up to Rs 4,500 crore through issuance of shares in its meeting on August 29.
![IREDA shares surge over 10% on Rs 4,500-crore fundraising plan](https://cdn.zeebiz.com/sites/default/files/2024/08/22/313486-17.jpg?im=FitAndFill=(1200,900))
IREDA, under the Ministry of New & Renewable Energy, is engaged in providing finance to mainly renewable energy projects. Image: Pixabay | Representational