IREDA to raise Rs 29,500 cr in FY 2025 for international expansion

04 Sep 2024 CW Team

The Indian Renewable Energy Development Agency (IREDA) plans to raise ?29,500 crore in the fiscal year 2025 to fund its international expansion efforts. This significant financial move aims to enhance IREDA's capabilities and extend its reach beyond domestic borders.

The funds will be allocated towards scaling up renewable energy projects and exploring new markets internationally. This strategic expansion is designed to strengthen IREDA's global presence and support the growth of renewable energy infrastructure worldwide.

IREDA's initiative reflects its commitment to advancing sustainable energy solutions and underscores its role in the global renewable energy sector. The planned capital raise is expected to bolster the agency?s ability to drive international projects and partnerships.

Infrastructure Urban

06 Nov 2025

Maiden Forgings Becomes Approved Supplier to OFB Murad Nagar

Maiden Forgings Limited (MFL), one of India’s leading producers of bright steel bars and wires, has been officially registered as an approved supplier with the Ordnance Factory Board (OFB), Murad Nagar, under the Centralised Vendor Registration process.This recognition adds to MFL’s existing registration with OFB Kolkata, marking another strategic step in its deepening engagement with India’s defence manufacturing ecosystem. With this new approval, the company strengthens its foothold in the Business-to-Government (B2G) segment and expands its participation in the nation’s defence prod..

DCIL Signs MoUs Worth Rs 176.45 Billion to Boost Maritime Modernisation

The Dredging Corporation of India Limited (DCIL) has signed 22 Memorandums of Understanding (MoUs) with 16 organisations, collectively worth Rs 176.45 billion, during the India Maritime Week 2025 held at the Bombay Exhibition Centre, Mumbai, from 27–31 October.DCIL operates under a consortium of four major ports — Visakhapatnam Port Authority (VPA), Paradip Port Authority (PPA), Jawaharlal Nehru Port Authority (JNPA), and Deendayal Port Authority (DPA) — under the aegis of the Ministry of Ports, Shipping & Waterways (MoPSW).The MoUs include collaborations with leading ports such ..

Goa Advances Sustainable Future with Scientific Waste Management

Chief Minister Pramod Sawant reaffirmed Goa’s commitment to strengthening environmental sustainability through scientific and responsible waste management practices. He highlighted that the Common Hazardous Treatment and Storage Facility has become a key element in ensuring the safe, efficient, and sustainable management of hazardous waste across the State. Sawant said the state-of-the-art facility not only addresses critical environmental challenges but also supports local employment, with nearly 80 per cent of its workforce comprising Goan youth. He added that the State’s environmenta..