In today’s briefing:
- Indian Renewable Energy Development Authority IPO – A Top Player in Indian Renewable Financing
Indian Renewable Energy Development Authority IPO – A Top Player in Indian Renewable Financing
- IREDA (1845911D IN) is looking to raise at around US$258m in its India IPO.
- Indian Renewable Energy Development Authority (IREDA) is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE).
- In this note, we look at the company’s past performance and share our quick thoughts on valuation.
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