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Saturday, May 02 2026 | 04:12:37 PM
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IREDA Secures International Credit Rating from S&P, Eyes Enhanced Global Presence

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Indian Renewable Energy Development Agency Limited (IREDA) achieved a significant milestone by securing its international credit rating today. The International Credit Rating Agency, S&P Global Ratings Limited assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’.

This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of funding and supporting its borrowing plan. In the rating update released by S&P Global today, the agency stated, “We rate IREDA one notch above our starting point for rating finance companies (fincos) in India to reflect ongoing government support.”

Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, expressed happiness on the achievement, stating, “The international credit rating assigned to IREDA is a testament to our commitment to upholding the highest standards of corporate governance and maintaining the trust of our investors and stakeholders. This rating will support our efforts to secure funds at competitive rates and enhance our footprint in global markets. We remain focused on maintaining our strong market position, robust financial performance, and exemplary corporate governance to drive sustainable development.”

 

 

भारत : 1885 से 1950 (इतिहास पर एक दृष्टि) व/या भारत : 1857 से 1957 (इतिहास पर एक दृष्टि) पुस्तक अपने घर/कार्यालय पर मंगाने के लिए आप निम्न लिंक पर क्लिक कर सकते हैं

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ऑडियो बुक : भारत 1885 से 1950 (इतिहास पर एक दृष्टि)

 

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About Saransh Kanaujia

Saransh Kanaujia is currently editor of Matribhumi Samachar Group. He earlier worked with Hindusthan Samachar News Agency. He is also associated with many organizations.

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