1. Our Investment Proposal

2. 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

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

4. 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.

5. 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