Indian Renewable Energy Development Agency Limited has informed the Exchange regarding a press release dated October 28, 2025, titled "S&P Global Ratings Upgrades IREDA s Long-Term International Credit Rating to BBB with Stable Outlook".
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IREDA, a government-owned renewable energy financing company, has received a credit rating upgrade from S&P Global Ratings. Its long-term international credit rating has been raised to 'BBB' (investment grade) with a stable outlook. This upgrade reflects improved confidence in IREDA's financial health and its role in financing India's renewable energy sector. A stable outlook indicates S&P expects the rating to hold steady over the medium term. The upgrade could help IREDA raise funds at lower borrowing costs from international markets.
Positive for shareholders and bondholders — the upgrade signals stronger creditworthiness and may lower IREDA's future borrowing costs, improving profitability. It also boosts investor confidence in the stock.