Govt to dilute up to 7% equity in IREDA through QIP, raise Rs 4,500 crore

State-owned Indian Renewable Energy Development Agency (IREDA) said it has received the government’s approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement. State-owned Indian Renewable Energy Development Agency (IREDA) said it has received the government’s approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement.  Economic Times