IREDA receives approval to issue tax-exempt bonds, boosting clean energy funding and investor interest through Section 54EC incentives.

• Bonds offer 5.25% interest, ₹50 lakh cap, and a five-year lock-in, helping investors save on capital gains tax.
• Funds will only support revenue-generating renewable energy projects, ensuring financial sustainability without government debt aid.
• Approval positions IREDA with top PSUs like REC, PFC, and NHAI, enhancing funding options for clean energy initiatives.