IREDA Defers Plan to Raise Rs 600 Crore via Tax-Free Bonds: Report

New Delhi: State-run Indian Renewable Energy Development Agency has deferred its plan to raise Rs 600 crore by issuing tax-free bonds through private placement till the month-end. Earlier, the company had planned to raise the said amount by September 10. The company has taken the decision to defer its bond issue as Indian Renewable Energy Development Agency (IREDA) could not get credit rating well in time for the purpose, an IREDA ...