Our Investment Proposal

Company Background Your company logo Company Profile Disbursements, Historical and Expected Growth (Ex-FX) We are a 100% government owned NBFC with 100% investments in clean energy. We were conferred with the status of Mini Ratna Company– Category 1 in June 2015 Top and Bottom line CAGR for the last four years was 23% and 15% respectively IREDA was awarded for its Outstanding Performance by MNRE in the implementation of Green Energy Commitments for financing of Renewable Energy Projects Our Capital to Risk Asset Ration (20%, for FY16) has been at a comfortable level IREDA’s activities are akin to the activities undertaken by Green Banks IREDA’s standalone credit rating for a recent bond issue was AA+ IREDA is diversifying its business by setting up a solar plant of 50 MW, with expectation of further capacity expansion. Historic CRAR Trend

We enjoy the confidence of worlds largest and best financial institutions Availed LOC ~ USD 941 million On-Going LOC ~ USD 950 million

Future Disbursements to grow @ 28% CAGR 636 Cumulative disbursements for the projected period will be around USD 7.5 billion (Solar sector will receive 47% of the total disbursements, Wind will receive 23%) We plan to issue bonds worth USD 3013 million during the next five years.

Funds Needed for the next 5 years Equity Issue: public issue worth USD 210 m Internal Accruals ,Net repayments and FC loans to cover for the rest. Remaining: USD 4,485m Total Funds: USD 7,500 m Bonds: USD 3,015 m Mix of INR/USD Sr. No. Bonds Issued (USD m) Status Year Use of Funds Note 1 300 In progress FY17 Fund Capex of 50 MW solar plant, finance RE projects USD100 m offshore listing, INR 1,330 cr (USD 200 m) domestic listing 2 373 Planned FY18 Finance RE projects 3 522 FY19 4 896 FY20 5 925 FY21