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flag IREDA raises ₹453 crore via oversubscribed bonds to boost renewable energy projects in India.

flag IREDA, an Indian state-owned renewable energy agency, raised ₹453 crore through its second issue of perpetual bonds, which offer a 7.70% annual interest rate. flag The bonds were oversubscribed 2.69 times, showing strong investor interest. flag The funds will be used to bolster IREDA’s capital base and support the financing of renewable energy projects in India, aiding the country's transition to clean energy.

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