IREDA Gets Green Light for Tax Bonds

  Published 8 months ago

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.
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