29\/03\/2025<\/time><\/div>\n\n\nIndian Renewable Energy Development Agency Limited (IREDA) has secured a loan of 26 billion Japanese Yen from SBI Tokyo, with an option to raise an additional 10 billion Japanese Yen if required.<\/p>\n\n\n\n
The loan has a five-year term and does not require any collateral. IREDA will repay the full amount in a single payment at the end of the tenure. The company stated in a stock exchange filing that this funding will support its global expansion efforts.<\/p>\n\n\n\n
IREDA also mentioned that after hedging, the effective interest rate will be below 7 percent, making it a more cost-effective borrowing option compared to similar loans in India.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Indian Renewable Energy Development Agency Limited (IREDA) has secured a loan of 26 billion Japanese Yen from SBI Tokyo, with an option to raise an…<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-26679","breaking_news","type-breaking_news","status-publish","format-standard","hentry","entry","rows"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/26679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/breaking_news"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=26679"}],"version-history":[{"count":1,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/26679\/revisions"}],"predecessor-version":[{"id":26680,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/breaking_news\/26679\/revisions\/26680"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=26679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=26679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=26679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}