IREDA's IFSC Arm Receives BBB+/Stable International Rating

IREDA Global Green Energy Finance IFSC Limited (IGGEFIL) received its inaugural international credit rating of 'BBB+/Stable' from CareEdge Global Ratings on March 31, 2026.
The rating is at par with India's sovereign rating, reflecting IGGEFIL's institutional linkage with parent IREDA and its renewable energy financing role.
The rating is expected to help IGGEFIL access international capital markets, diversify funding sources, and reduce borrowing costs.