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ireda shares: IREDA trumps Street expectations with a robust debut. Is it a good long-term bet?

Despite solid listing gains, analysts are quite bullish on the stock from a long-term perspective. With India s ambitious renewable energy goals, they believe IREDA is well positioned to benefit from the opportunities in this space. ....

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ireda: By 2030, for adding renewable energy, Rs 12 lakh crore will be needed from the NBFC space: IREDA chief

"Till 2030, we envisage another 320 gigawatt of capacity addition in the renewable itself will be there. This will require around Rs 30-32 lakh crores of investment in the country. If you take 75-25 debt equity, it means roughly Rs 24 lakh crore of investment from the debt market is required. If you take 50-50 debt from NBFCs and others, around Rs 12 lakh crore will be needed from the NBFC space in which IREDA, REC, PFC are going to play a very major role." ....

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