In Short : REC Limited sanctioned loans worth ₹3.37 lakh crore in FY25, with disbursements reaching ₹1.91 lakh crore, marking robust growth in India’s power sector financing. The company’s net profit rose 12% to ₹15,713 crore, while net NPA fell to 0.38%. With a total dividend of ₹18 per share, REC continues to support energy […]
IREDA Charts Global Path After Crossing ₹1.63 Lakh Crore in Green Loan Disbursements – EQ
In Short : IREDA has crossed ₹1.63 lakh crore in total loan disbursements, significantly boosting India’s clean energy growth. With strong financial health and reduced NPAs, the agency now aims to scale globally through its new GIFT City office. Targeting ₹5 lakh crore in green loans by 2030, IREDA is positioning itself as a global […]
IREDA Posts Strong Q1 Growth; Disbursements Jump 31%, Loan Book Rises 27% – EQ
In Short : IREDA reported strong Q1 FY26 results with a 31% surge in disbursements to ₹6,981 crore and a 29% rise in loan sanctions to ₹11,740 crore. The outstanding loan book grew 27% year-on-year to ₹79,960 crore. Backed by a ₹2,000 crore QIP, the company continues to strengthen its role in financing India’s renewable […]
Orb Energy Surpasses ₹300 Crores in Disbursements from its In-House Finance Facility for SMEs to Adopt Solar Energy Solutions – EQ
Bengaluru – Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. This achievement underscores the company’s dedication to addressing the energy challenges faced by Indian enterprises, particularly MSMEs and SMBs, while enabling them […]
IREDA reports 129 pc YoY growth in sanctions, 41 pc surge in disbursements for Q3 2024-25 – EQ
In Short : IREDA reported a remarkable 129% YoY growth in sanctions and a 41% surge in disbursements for Q3 2024-25, reflecting strong demand for renewable energy financing. This growth supports India’s renewable energy goals, including achieving 50% non-fossil fuel electricity by 2030. IREDA’s expanded efforts in funding solar, wind, and emerging technologies like energy […]