State-owned Indian Renewable Energy Development Agency (IREDA) is looking to raise ₹30,000 crore in FY25 through debt and equity, part of which will be funded through a follow-on public offer by mid-January through February, Chairman and Managing Director Pradeep Kumar Das told ET.The non-banking financial company (NBFC), which listed on the bourses in November 2023, got the Department of Investment and Public Asset Management (DIPAM), to issue fresh equity through qualified institutions placement for up to 7% equity of the company on Wednesday. The company's board had earlier approved the proposal to raise up to Rs 4,500 crore through a follow-on public offer (FPO), qualified institutional placement (QIP), rights issue, preferential issue, or any other permissible mode."Apart from that [equity], around 20,000-25,000 crore we will be borrowing from the market. We already have a net worth of Rs 9,000 crore," he said on the sidelines of the RE-Invest here.The company is looking to enhance its loan book size beyond ₹85,000 crore at the end of the current financial year, he said. As of FY24 end, the company's loan book was ₹59,650 Crore.For the last four years the company has been growing at a compounded annual growth rate of 24% and it is looking to improve that, Das said.In the total loan book of the company, 76% of the portfolio consists of the exposure to the private sector.Going forward, depending solely on solar and hydro is not going to work with alternate sources of energy like green hydrogen, offshore wind, pumped hydro storage, he said.