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Name | Symbol | Market | Type |
---|---|---|---|
Indian Renew 22 | LSE:89NA | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 100.85 | 0 | 01:00:00 |
TIDM89NA
RNS Number : 8077P
Indian Renewable Energy Dev. Agency
14 October 2019
14(th) October 2019
Release of IREDA's annual report for FY 18-19 and announcement of coupon payment due on 10(th) October 2019 on the USD 300 Million green Masala Bonds
Indian Renewable Energy Development Agency(IREDA) has published its annual report for the FY 18-19 on its website: www.ireda.in. The link to the same is as follows:
https://www.ireda.in/writereaddata/Annual%20Report_IREDA2018-19(1).pdf
IREDA has duly paid the coupon due on USD 300 Million Green Masala Bonds on 10.10.2019. The details of the Coupon payment on Green Masala Bonds amounting to USD 300 Million is due on:
S.No. Particulars Details 1. Instrument Green Masala Bonds ---------------------------- ------------------- Date of Interest 10.10.2019 2. Payment ---------------------------- ------------------- 3. Redemption Date 10.10.2022 ---------------------------- ------------------- Coupon Rate 7.125% p.a. 4. (Fixed Rate) ---------------------------- ------------------- Coupon Amount (in 5. USD) 19,575,196.23 ---------------------------- ------------------- Coupon Amount (in 6. INR) 138,93,75,000.00 ---------------------------- ------------------- 7. Amount of bonds outstanding USD 300 Million ---------------------------- ------------------- 8. ISIN XS1692377945 ---------------------------- ------------------- 9. Common Code 169237794 ---------------------------- ------------------- 10. Day Count Fraction 30/360 ---------------------------- -------------------
Chief Financial Officer
Mr. Satish Kumar Bhargava
Tel: +91 (11) 26717430
Fax: +91 (11) 26717416
E-mail: skbhargava@ireda.in
For investor enquiries please contact:
Mr. Surender Suyal, Company Secretary & Deputy General Manager (Finance)
Tel: +91 (11) 26717430
Email: ssuyal@ireda.in
NOTES TO EDITORS
About Indian Renewable Energy Development Agency (IREDA)
We are a 100% Government of India ("GoI") owned enterprise under the administrative control of the Ministry of New and Renewable Energy (the "MNRE) with more than 32 years of experience in the Indian renewable energy sector. We provide financial assistance to renewable energy projects, companies and manufacturers in India for power generation, equipment supply and fuel source projects including wind power, solar power, hydro power, biomass, co-generation and waste to energy as well as energy efficiency and conservation. Our comprehensive suite of financial products and services includes various fund-based financial products including long-term and short-term project and manufacturing loans, take out financing, bridge loans and bill discounting, and non-fund based assistance like performance guarantees, letters of comfort, letters of undertaking and refinancing schemes. In addition to our financial products and services, we have also set up our own 50 MW Solar Photovoltaic Project in 200 MW Kasaragod Solar Park in the state of Kerala.
We were established as an integral part of and have played a strategic role in the GoI's initiatives for the promotion and development of the renewable energy sector in India and have been involved in the development and implementation of various policies and structural and procedural reforms in the renewable energy sector. Under the IREDA-NCEF Refinancing Scheme we utilize funds received from the National Clean Energy Fund ("NCEF") to refinance renewable energy projects for bio-mass (up to 10MW) and small hydro (up to 5MW). We have also been involved in various GoI programs for the development of renewable energy sector including the Wind GBI Scheme, the Solar GBI Scheme and the Solar Water Heating System Capital Subsidy Scheme.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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October 14, 2019 08:16 ET (12:16 GMT)
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