Indian Renewable Energy Development Agency Limited

Psu · Power Energy

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Methodology v1.0 Download Report (PDF)
Latest Rating
AAA (ICRA)
Total Debt Outstanding
₹34,836 Cr
Across 45 instruments
Listed Bonds
45
First Issue
2013-05-10
Latest Issue
2026-06-24
Maturity Range
2027 - 2039
Observation
45 active bonds tracked from this issuer.
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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Power Energy
Issuer Type
Psu
First Tracked Bond
2013-05-10
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 annual. 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.

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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
5.2 Yrs
Nearest maturity 2027-02
Secured
35%
16 of 45 bonds with known status
Callable
10
Of 45 bonds
Avg Spread vs G-Sec
+97 bps
Credit premium (indicative)

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
INDIA_RATINGS AAA 17
ICRA AAA 13
BRICKWORK AAA 8
ICRA AA+ 7
CARE AAA 5
ICRA AAA Stable 5
CARE AA 1
ICRA AA Stable 1
INDIA_RATINGS AA Stable 1
INDIA_RATINGS AA+ 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE202E08011 IREDAL-7.22%-6-2-27-PVT 7.22% AAA (INDIA_RATINGS) 2027-02-06
INE202E08029 IREDA-7.60%-23-2-27-PVT 7.60% AAA (ICRA) 2027-02-23
INE202E08037 IREDA-7.85%-6-3-27-PVT 7.85% AAA (CARE) 2027-03-06
INE202E07245 IREDA-8.12%-24-03-27-PVT 8.12% AA+ (ICRA) 2027-03-24
INE202E07252 IREDA-8.05%-29-3-27-PVT 8.05% AA+ (ICRA) 2027-03-29
INE202E08151 IREDA-7.77%-10-5-27-PVT 7.77% AAA (ICRA) 2027-05-10
INE202E07096 8.49% SECURED REDEEMABLE NON-CONVERTIBLE TAXABLE BOND IN THE NATURE OF DEBENTURE.SERIES - V-B. LETTER OF ALLOTMENT. DATE OF MATURITY 10/05/2028 8.49% AAA (CARE) 2028-05-10 7.77% 2026-08-10
INE202E07260 IREDAL-8.51%-3-1-29-PVT 8.51% AAA (BRICKWORK) 2029-01-03
INE202E07278 IREDA-8.47%-17-1-29-PVT 8.47% AAA (INDIA_RATINGS) 2029-01-17
INE202E08045 IREDA-9.23%-22-2-29-PVT 9.23% AAA (BRICKWORK) 2029-02-22
INE202E07138 8.80% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIB. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2029 8.80% AAA (BRICKWORK) 2029-03-13 3.88% 2026-08-26
INE202E07120 8.55% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIA. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2029 8.55% AAA (CARE) 2029-03-13 5.30% 2026-08-19
INE202E07161 8.56% SECURED NON-CONVERTIBLE BONDS. SERIES XIIII TRANCHE II C. LETTER OF ALLOTMENT. DATE OF MATURITY 27/03/2029 8.56% AAA (BRICKWORK) 2029-03-27
INE202E08185 7.57% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES XV-G DATE OF MATURITY 18/05/2029 7.57% AAA (ICRA) 2029-05-18 7.38% 2026-07-21
INE202E08326 7.34% UNSECURED RATED LISTED REDEEMABLE BONDS IN THE NATURE OF DEBENTURES SERIES XVIII TRANCHE A DATE OF MATURITY 30/06/2029 7.34% AAA (ICRA) 2029-06-30 7.33% 2026-06-30
INE202E07286 IREDA-8%-24-9-29-PVT 8.00% AAA (INDIA_RATINGS) 2029-09-24
INE202E08243 IREDA-7.32%-4-11-29-PVT 7.32% AAA (ICRA) 2029-11-04
INE202E07294 IREDA-7.40%-3-3-30-PVT 7.40% AAA (BRICKWORK) 2030-03-03
INE202E08060 IREDA-7.74%-8-5-30-PVT 7.74% AAA (INDIA_RATINGS) 2030-05-08
INE202E08300 IREDAL-7%-31-05-30-PVT 7.00% AAA (ICRA) 2030-05-31
INE202E07229 7.74% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2031 7.74% AA+ (ICRA) 2031-01-21 2026-08-26
INE202E07195 7.49% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 2A. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2031 7.49% AA+ (ICRA) 2031-01-21 5.07% 2026-07-27
INE202E08250 IREDAL-7.37%-27-11-31-PVT 7.37% AAA (ICRA) 2031-11-27
INE202E08094 7.85% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES XII B. DATE OF MATURITY 12/10/2032. 7.85% AA+ (ICRA) 2032-10-12
INE202E08102 7.79% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTRUES LETTER OF ALLOTMENT SERIES XII-C DATE OF MATURITY 07/12/2032 7.79% AA+ (INDIA_RATINGS) 2032-12-07
INE202E08110 IREDA-7.94%-27-1-33-PVT 7.94% AA (CARE) 2033-01-27 7.38% 2026-08-20
INE202E08128 IREDA-7.63%-11-8-33-PVT 7.63% AAA (ICRA) 2033-08-11
INE202E08136 7.75% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURES SERIES XV-B DATE OF MATURITY 12/10/2033 7.75% AAA (INDIA_RATINGS) 2033-10-12
INE202E08144 7.68% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTRUE SERIES XV-C DATE OF MATURITY 22/12/2033 7.68% AAA (ICRA) 2033-12-22
INE202E08169 IREDA-7.59%-23-2-34-PVT 7.59% AAA (ICRA) 2034-02-23
INE202E07146 8.55% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIIA. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2034 8.55% AAA (BRICKWORK) 2034-03-13 4.78% 2026-08-20
INE202E07153 8.80% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIIB. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2034 8.80% AAA (CARE) 2034-03-13 4.42% 2026-08-18
INE202E08177 7.53% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES XV-F DATE OF MATURITY 10/05/2034. 7.53% AAA (ICRA) 2034-05-10
INE202E08201 7.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES XVI-A DATE OF MATURITY 05/06/2034 7.50% AAA (ICRA) 2034-06-05
INE202E08193 7.59% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES XV-H DATE OF MATURITY 26/07/2034 7.59% AAA (INDIA_RATINGS) 2034-07-26 7.51% 2026-08-20
INE202E08219 7.44% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES-XVI-B DATE OF MATURITY 25/08/2034. 7.44% AAA (ICRA) 2034-08-25
INE202E08268 IREDAL-7.28%-21-1-35-PVT 7.28% AAA (ICRA) 2035-01-21
INE202E08292 IREDAL-7.74%-27-03-35-PVT 7.74% AAA (ICRA) 2035-03-27 7.62% 2026-07-31
INE202E07203 7.43% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 3A. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2036 7.43% AA+ (ICRA) 2036-01-21
INE202E07237 7.68% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2036 7.68% AA+ (ICRA) 2036-01-21
INE202E08276 IREDA-7.40%-27-2-36-PVT 7.40% AAA (ICRA) 2036-02-27
INE202E08227 7.39% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES SERIES XVI-C DATE OF MATURITY 22/07/2039. 7.39% AAA (ICRA) 2039-07-22
INE202E08235 IREDA-7.36%-9-9-39-PVT 7.36% AAA (ICRA) 2039-09-09 7.53% 2026-07-23
INE202E08284 IREDA-8.40%-PERPETUAL-PVT 8.40% AA (ICRA) 2999-12-31 7.77% 2026-07-09
INE202E08318 IREDAL-7.70%-PERPETUAL-PVT 7.70% AA (INDIA_RATINGS) 2999-12-31
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

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

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
55
Avg. Yield (Last 30 Days)
4.79%
06 Payment Disclosures (SEBI Reg52(4)) 4 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
2026-08-23 IREDA-7.60%-23-2-27-PVT Interest ₹82,900,000.00 ₹82,900,000.00 Paid XBRL →
2026-08-11 IREDA-7.63%-11-8-33-PVT Interest ₹763,000,000.00 ₹763,000,000.00 Paid XBRL →
2026-08-06 IREDAL-7.22%-6-2-27-PVT Interest ₹218,400,000.00 ₹218,400,000.00 Paid XBRL →
2026-07-24 7.39% UNSECURED RATED LISTED... Interest ₹805,500,000.00 ₹805,500,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

07 Regulatory Filings
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 59 2026-06-30
Rating Actions History 0
Secondary-Market Trades 120 2026-08-26
Reg52(4) Payment Disclosures 4 2026-08-23

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

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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 7.00% - 9.23%, maturities spanning 2027 - 2039.

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

The most recent rating on Indian Renewable Energy Development Agency Limited's bonds is AAA (ICRA), published by BRICKWORK, CARE, ICRA, 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 2027-02; the average tenure is 5.2 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.