Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds

Indian Renewable Energy Development Agency Limited — Bonds & AAA (ICRA) Rating on senior bonds

PSU · Power & Energy

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (ICRA)
Most common current rating on senior bonds
18 of 19 rated · ICRA, 30 Jun 2026
AT1 / perpetual: AA+ (India Ratings)
Total Debt Outstanding
₹34,836 Cr
Across 45 instruments
Active Bonds
45
First Issue
10 May 2013
Latest Issue
24 Jun 2026
Maturity Range
2027 - 2039
Observation
45 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 10 Aug 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
Issuer health card 1 item to look at
  • Current ratings ICRA AAA, Brickwork AAA, CARE AAA
  • Rating range Current ratings on senior bonds range from AA+ (CARE 31 Jan 2023) to AAA (Brickwork 31 May 2020, CARE 31 Mar 2017, ICRA 30 Jun 2026, India Ratings 31 Jan 2025). All current ratings on AT1 / perpetual bonds are AA+ (ICRA 31 Mar 2025, India Ratings 30 Sep 2025)
  • Rating direction, 12 months No rating actions on file
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 30 Jun 2026
  • Payment record 15 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 12 of 45 active bonds had an exchange trade
  • Exchange filings, 90 days 32 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

Alert me about Indian Renewable Energy Development Agency Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.
01 Issuer Overview
Sector
Power & Energy
Issuer Type
PSU
First Tracked Bond
10 May 2013
Start of this issuer's debt program timeline
  • 45 active bonds tracked from this issuer.
  • 16 of 45 tracked bonds with a stated security status are secured. (based on 45 bonds with a disclosed security status)

Indian Renewable Energy Development Agency Limited is a public sector undertaking (PSU) in the Power & Energy sector. Coupon rates on outstanding bonds range from 7.00% - 9.23%, paid annually. Bonds mature between 2027 - 2039.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
45
Tracked by RetailBonds
Amount Tracked
₹34,836 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
7.83%
Range 7.00% - 9.23%
Avg Remaining Tenure
5.0 Yrs
Nearest maturity Feb 2027
Secured
35%
16 of 45 bonds with known status
Callable
1
Of 45 bonds
Avg Spread vs G-Sec
+10 bps
Credit premium, from 9 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (10 bonds).

0 2027: 6 bonds, ₹3,150 Cr tracked, avg coupon 7.77% 6 bonds 2027 2028: 1 bond, ₹200 Cr tracked, avg coupon 8.49% 1 bond 2028 2029: 10 bonds, ₹5,856 Cr tracked, avg coupon 8.24% 10 bonds 2029 2030: 3 bonds, ₹2,803 Cr tracked, avg coupon 7.38% 3 bonds 2030 2031: 3 bonds, ₹3,368 Cr tracked, avg coupon 7.53% 3 bonds 2031 2032: 2 bonds, ₹1,715 Cr tracked, avg coupon 7.82% 2 bonds 2032 2033: 4 bonds, ₹4,183 Cr tracked, avg coupon 7.75% 4 bonds 2033 2034: 7 bonds, ₹6,100 Cr tracked, avg coupon 7.86% 7 bonds 2034 2035: 2 bonds, ₹2,240 Cr tracked, avg coupon 7.51% 2 bonds 2035 2036: 3 bonds, ₹931 Cr tracked, avg coupon 7.50% 3 bonds 2036 2039: 2 bonds, ₹2,590 Cr tracked, avg coupon 7.38% 2 bonds 2039 2042+: 2 bonds, ₹1,700 Cr tracked, avg coupon 8.05% 2 bonds 2042+

Security Type / Instrument Mix

  • NCD 45 bonds · 100% · ₹34,836 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2013: ₹200 Cr issued 2013 2014: ₹577 Cr issued 2014 2016: ₹1,479 Cr issued 2016 2017: ₹2,340 Cr issued 2017 2019: ₹2,015 Cr issued 2019 2020: ₹1,303 Cr issued 2020 2022: ₹1,715 Cr issued 2022 2023: ₹4,183 Cr issued 2023 2024: ₹13,264 Cr issued 2024 2025: ₹6,260 Cr issued 2025 2026: ₹1,500 Cr issued 2026 Cumulative: ₹200 Cr Cumulative: ₹777 Cr Cumulative: ₹2,256 Cr Cumulative: ₹4,596 Cr Cumulative: ₹6,611 Cr Cumulative: ₹7,914 Cr Cumulative: ₹9,629 Cr Cumulative: ₹13,812 Cr Cumulative: ₹27,076 Cr Cumulative: ₹33,336 Cr Cumulative: ₹34,836 Cr

Based on 45 of 45 active bonds with a known issue date and issue size.

03 Credit Profile
  • AAA 34 bonds · 76%
  • AA 11 bonds · 24%
AgencyRatingOutlookBonds
ICRA AAA — 6
ICRA AAA Stable 6
Brickwork AAA — 3
CARE AAA — 2
India Ratings AAA — 2
CARE AA+ — 1
ICRA AA+ Stable 1
India Ratings AA+ Stable 1
ICRA AA+ NSDL record — 7
Brickwork AAA NSDL record — 5
ICRA AAA NSDL record — 4
India Ratings AAA NSDL record — 4
CARE AAA NSDL record — 3
India Ratings AA+ NSDL record — 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE202E08011 Indian Renewable Energy Development Agency 7.22% Feb 2027 NCD 7.22% AAA (India Ratings, NSDL record 2017) 2027-02-06 7.84% 2026-10-28
INE202E08029 Indian Renewable Energy Development Agency 7.60% Feb 2027 NCD 7.60% AAA (CARE) 2027-02-23 — —
INE202E08037 Indian Renewable Energy Development Agency 7.85% Mar 2027 NCD 7.85% AAA (CARE) 2027-03-06 7.94% 2026-10-28
INE202E07245 Indian Renewable Energy Development Agency 8.12% Mar 2027 NCD 8.12% AA+ (ICRA, NSDL record 2017) 2027-03-24 — —
INE202E07252 Indian Renewable Energy Development Agency 8.05% Mar 2027 NCD 8.05% AA+ (ICRA, NSDL record 2017) 2027-03-29 — —
INE202E08151 Indian Renewable Energy Development Agency 7.77% May 2027 NCD 7.77% AAA (ICRA) 2027-05-10 — —
INE202E07096 Indian Renewable Energy Development Agency 8.49% May 2028 NCD 8.49% AAA (CARE, NSDL record 2013) 2028-05-10 8.70% 2026-11-05
INE202E07260 Indian Renewable Energy Development Agency 8.51% Jan 2029 NCD 8.51% AAA (Brickwork, NSDL record 2018) 2029-01-03 — —
INE202E07278 Indian Renewable Energy Development Agency 8.47% Jan 2029 NCD 8.47% AAA (India Ratings, NSDL record 2018) 2029-01-17 — —
INE202E08045 Indian Renewable Energy Development Agency 9.23% Feb 2029 NCD 9.23% AAA (Brickwork, NSDL record 2019) 2029-02-22 — —
INE202E07138 Indian Renewable Energy Development Agency 8.80% Mar 2029 NCD 8.80% AAA (Brickwork, NSDL record 2014) 2029-03-13 5.13% 2026-11-06
INE202E07120 Indian Renewable Energy Development Agency 8.55% Mar 2029 NCD 8.55% AAA (CARE, NSDL record 2014) 2029-03-13 5.60% 2026-11-06
INE202E07161 Indian Renewable Energy Development Agency 8.56% Mar 2029 NCD 8.56% AAA (Brickwork, NSDL record 2014) 2029-03-27 — —
INE202E08185 Indian Renewable Energy Development Agency 7.57% May 2029 NCD 7.57% AAA (ICRA, NSDL record 2024) 2029-05-18 — 2026-07-21
INE202E08326 Indian Renewable Energy Development Agency 7.34% Jun 2029 NCD 7.34% AAA (ICRA) 2029-06-30 — 2026-06-30
INE202E07286 Indian Renewable Energy Development Agency 8.00% Sep 2029 NCD 8.00% AAA (Brickwork) 2029-09-24 — —
INE202E08243 Indian Renewable Energy Development Agency 7.32% Nov 2029 NCD 7.32% AAA (ICRA) 2029-11-04 — —
INE202E07294 Indian Renewable Energy Development Agency 7.40% Mar 2030 NCD 7.40% AAA (Brickwork) 2030-03-03 — —
INE202E08060 Indian Renewable Energy Development Agency 7.74% May 2030 NCD 7.74% AAA (Brickwork) 2030-05-08 — —
INE202E08300 Indian Renewable Energy Development Agency 7.00% May 2030 NCD 7.00% AAA (ICRA) 2030-05-31 — —
INE202E07229 Indian Renewable Energy Development Agency 7.74% Jan 2031 NCD Tax-free 7.74% AA+ (ICRA, NSDL record 2015) 2031-01-21 5.48% 2026-11-06
INE202E07195 Indian Renewable Energy Development Agency 7.49% Jan 2031 NCD Tax-free 7.49% AA+ (ICRA, NSDL record 2015) 2031-01-21 5.27% 2026-10-29
INE202E08250 Indian Renewable Energy Development Agency 7.37% Nov 2031 NCD 7.37% AAA (ICRA) 2031-11-27 — —
INE202E08094 Indian Renewable Energy Development Agency 7.85% Oct 2032 NCD 7.85% AA+ (ICRA, NSDL record 2022) 2032-10-12 — —
INE202E08102 Indian Renewable Energy Development Agency 7.79% Dec 2032 NCD 7.79% AA+ (India Ratings, NSDL record 2022) 2032-12-07 8.22% 2026-11-05
INE202E08110 Indian Renewable Energy Development Agency 7.94% Jan 2033 NCD 7.94% AA+ (CARE) 2033-01-27 — 2026-08-31
INE202E08128 Indian Renewable Energy Development Agency 7.63% Aug 2033 NCD 7.63% AAA (India Ratings) 2033-08-11 — —
INE202E08136 Indian Renewable Energy Development Agency 7.75% Oct 2033 NCD 7.75% AAA (India Ratings, NSDL record 2023) 2033-10-12 — —
INE202E08144 Indian Renewable Energy Development Agency 7.68% Dec 2033 NCD 7.68% AAA (ICRA, NSDL record 2023) 2033-12-22 — —
INE202E08169 Indian Renewable Energy Development Agency 7.59% Feb 2034 NCD 7.59% AAA (ICRA) 2034-02-23 8.22% 2026-11-05
INE202E07146 Indian Renewable Energy Development Agency 8.55% Mar 2034 NCD 8.55% AAA (Brickwork, NSDL record 2014) 2034-03-13 — 2026-08-20
INE202E07153 Indian Renewable Energy Development Agency 8.80% Mar 2034 NCD 8.80% AAA (CARE, NSDL record 2014) 2034-03-13 5.21% 2026-11-06
INE202E08177 Indian Renewable Energy Development Agency 7.53% May 2034 NCD 7.53% AAA (ICRA, NSDL record 2024) 2034-05-10 — —
INE202E08201 Indian Renewable Energy Development Agency 7.50% Jun 2034 NCD 7.50% AAA (ICRA, NSDL record 2024) 2034-06-05 — —
INE202E08193 Indian Renewable Energy Development Agency 7.59% Jul 2034 NCD 7.59% AAA (India Ratings, NSDL record 2024) 2034-07-26 — 2026-08-20
INE202E08219 Indian Renewable Energy Development Agency 7.44% Aug 2034 NCD 7.44% AAA (ICRA) 2034-08-25 — —
INE202E08268 Indian Renewable Energy Development Agency 7.28% Jan 2035 NCD 7.28% AAA (ICRA) 2035-01-21 — —
INE202E08292 Indian Renewable Energy Development Agency 7.74% Mar 2035 NCD 7.74% AAA (ICRA) 2035-03-27 — 2026-10-07
INE202E07203 Indian Renewable Energy Development Agency 7.43% Jan 2036 NCD Tax-free 7.43% AA+ (ICRA, NSDL record 2015) 2036-01-21 — 2020-11-04
INE202E07237 Indian Renewable Energy Development Agency 7.68% Jan 2036 NCD Tax-free 7.68% AA+ (ICRA, NSDL record 2015) 2036-01-21 5.45% 2026-11-03
INE202E08276 Indian Renewable Energy Development Agency 7.40% Feb 2036 NCD 7.40% AAA (ICRA) 2036-02-27 — —
INE202E08227 Indian Renewable Energy Development Agency 7.39% Jul 2039 NCD 7.39% AAA (ICRA) 2039-07-22 — —
INE202E08235 Indian Renewable Energy Development Agency 7.36% Sep 2039 NCD 7.36% AAA (ICRA) 2039-09-09 — 2026-07-23
INE202E08284 Indian Renewable Energy Development Agency 8.40% Perpetual NCD 8.40% AA+ (ICRA) Perpetual — 2026-10-01
INE202E08318 Indian Renewable Energy Development Agency 7.70% Perpetual NCD 7.70% AA+ (India Ratings) Perpetual 8.45% 2026-11-05
Compare (/) Compare Bonds

YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

BSE Traded Value (Last 30 Days)
₹15.22 L
Number of Trades (Last 30 Days)
63
Avg. Yield (Last 30 Days)
5.64%
06 Payment Disclosures (SEBI Reg52(4)) 15 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
4 Nov 2026 IREDA-7.32%-4-11-29-PVT Interest ₹1,09,80,00,000.00 ₹1,09,80,00,000.00 Paid XBRL →
4 Nov 2026 IREDA-7.32%-4-11-29-PVT Interest ₹1,09,80,00,000.00 ₹1,09,80,00,000.00 Paid XBRL →
4 Nov 2026 IREDA-7.32%-4-11-29-PVT Interest ₹1,09,80,00,000.00 ₹1,09,80,00,000.00 Paid XBRL →
4 Nov 2026 IREDA-7.32%-4-11-29-PVT Interest ₹1,09,80,00,000.00 ₹1,09,80,00,000.00 Paid XBRL →
4 Nov 2026 IREDA-7.32%-4-11-29-PVT Interest ₹1,09,80,00,000.00 ₹1,09,80,00,000.00 Paid XBRL →
12 Oct 2026 7.75% UNSECURED RATED LISTED... Interest ₹52,93,00,000.00 ₹52,93,00,000.00 Paid XBRL →
27 Sep 2026 7.85% UNSECURED RATED LISTED... Interest ₹94,20,00,000.00 ₹94,20,00,000.00 Paid XBRL →
24 Sep 2026 IREDA-8%-24-9-29-PVT Interest ₹80,00,00,000.00 ₹80,00,00,000.00 Paid XBRL →
15 Sep 2026 IREDAL-7.70%-PERPETUAL-PVT Interest ₹34,88,00,000.00 ₹34,88,00,000.00 Paid XBRL →
10 Sep 2026 IREDA-7.36%-9-9-39-PVT Interest ₹1,10,40,00,000.00 ₹1,10,40,00,000.00 Paid XBRL →
6 Sep 2026 IREDA-7.85%-6-3-27-PVT Interest ₹32,05,00,000.00 ₹32,05,00,000.00 Paid XBRL →
23 Aug 2026 IREDA-7.60%-23-2-27-PVT Interest ₹8,29,00,000.00 ₹8,29,00,000.00 Paid XBRL →
11 Aug 2026 IREDA-7.63%-11-8-33-PVT Interest ₹76,30,00,000.00 ₹76,30,00,000.00 Paid XBRL →
6 Aug 2026 IREDAL-7.22%-6-2-27-PVT Interest ₹21,84,00,000.00 ₹21,84,00,000.00 Paid XBRL →
24 Jul 2026 7.39% UNSECURED RATED LISTED... Interest ₹80,55,00,000.00 ₹80,55,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

07 Regulatory Filings
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 46 2026-06-30
Rating Actions History 0 —
Secondary-Market Trades 254 2026-11-06
Reg52(4) Payment Disclosures 15 2026-11-04

Methodology version 1.0. See full methodology for sources and limitations.

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Indian Renewable Energy Development Agency Limited have?

Indian Renewable Energy Development Agency Limited currently has 45 active bonds with coupons of 7.00% - 9.23%, maturities spanning 2027 - 2039.

What is Indian Renewable Energy Development Agency Limited's credit rating?

The most common current rating on Indian Renewable Energy Development Agency Limited's senior bonds is AAA (ICRA). Ratings on file come from Brickwork, CARE, ICRA, India Ratings. Other instrument classes: AT1 / perpetual: AA+ (India Ratings).

Are Indian Renewable Energy Development Agency Limited's bonds secured?

Of the 45 bonds with a disclosed security status, 16 are secured (35%) and 29 are unsecured.

When do Indian Renewable Energy Development Agency Limited's bonds mature?

Indian Renewable Energy Development Agency Limited's active bonds mature between 2027 - 2039; the nearest matures in Feb 2027; the average tenure is 5.0 Yrs.

What is the average coupon on Indian Renewable Energy Development Agency Limited's bonds?

The average coupon across Indian Renewable Energy Development Agency Limited's 45 active bonds is 7.83%.

Disclaimer: This page aggregates publicly available data about Indian Renewable Energy Development Agency Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.