IREDA and HUDCO stocks experienced a notable increase of over 5%, indicative of investor optimism following recent business updates. The positive news seems to have boosted the market's confidence in these companies.

The Indian Renewable Energy Development Agency's International Financial Services Centre arm, IGGEFIL, has been assigned a BBB (stable) international credit rating, aligning with India's sovereign rating. This accreditation is expected to enhance the organization's potential for tapping into global capital markets.

IREDA's loan portfolio reached a new high in FY26, expanding by 22% to ₹93,075 crore. The rise was driven by a 9% increase in sanctioned loans to ₹51,883 crore and a 16% growth in disbursements to ₹34,946 crore as of March 31, 2026 (tentative, pending audit).

IREDA, an Indian renewable energy lender, has secured a JPY 28 billion (approximately USD 210 million) loan from Sumitomo Mitsui Banking Corporation. The agreement includes a Green Shoe Option worth JPY 12 billion, and the loan will be repaid over a period of 5 years.