In Short : IREDA showcased stellar half-yearly results for FY26, with loan sanctions soaring 86% and the loan book expanding 31% to ₹84,445 crore. Disbursements and project financing grew significantly, reflecting strong demand for renewable energy investments. The company’s performance reinforces its pivotal role in accelerating India’s green energy transition and promoting sustainable development across […]
IREDA Sees Strong Market Activity with 7.26 Million Shares Traded Amid Growing Renewable Energy Interest – EQ
In Short : Indian Renewable Energy Development Agency Ltd (IREDA) saw 7.26 million shares traded today, indicating strong investor interest in the renewable energy sector. The activity reflects confidence in IREDA’s role in financing clean energy projects and India’s growing commitment to sustainable energy. Market attention highlights the sector’s potential as the country accelerates its […]
IREDA Backs Insolation Energy with ₹1,134 Crore Loan to Build 4.5 GW Solar Cell Plant in Madhya Pradesh – EQ
In Short : IREDA has sanctioned a ₹1,134 crore loan to Insolation Energy for establishing a 4.5 GW solar cell manufacturing plant in Madhya Pradesh. This financing marks a major boost to India’s solar manufacturing capacity, supporting the nation’s renewable energy goals and reducing import dependence while strengthening domestic production of critical solar components. In […]
CMD, IREDA Calls for Innovative Financing Models to Fast-Track RE Growth at The Economic Times Rajasthan Business Summit 2025 – EQ
In Short : At the Economic Times Rajasthan Business Summit 2025, IREDA CMD Pradip Kumar Das emphasized the need for innovative financing models to accelerate renewable energy growth. Highlighting Rajasthan’s vast potential, he stressed collaboration between government, investors, and industry to scale up clean energy deployment. Das underlined that accessible financing will be key to […]
IREDA signs Performance MoU with MNRE, ₹8,200 Crore Revenue Target for FY 2025-26 – EQ
Indian Renewable Energy Development Agency Limited (IREDA) today signed a performance-based Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, outlining strategic targets for the fiscal year 2025-26. The MoU was signed by Shri Santosh Kumar Sarangi, Secretary, MNRE and Shri Pradip Kumar Das, Chairman & Managing Director, IREDA […]
38th AGM: CMD Outlines Long-Term Roadmap for Green Energy Leadership – EQ
In Short : At the 38th Annual General Meeting, the Chairman and Managing Director presented a clear roadmap for achieving green energy leadership. Emphasizing sustainability, innovation, and investment in renewable infrastructure, the plan focuses on solar, wind, and green hydrogen. The CMD highlighted strategic partnerships, capacity expansion, and digital integration as key enablers for building […]
Juniper Green Energy Secures ₹1,739 Crore from IREDA to Accelerate Renewable Expansion – EQ
In Short : Juniper Green Energy has secured ₹1,739 crore in funding from the Indian Renewable Energy Development Agency (IREDA) to support its clean energy initiatives. The investment will be used to expand solar and wind power projects, boosting India’s renewable capacity. This move strengthens Juniper Green’s role in driving sustainable growth and achieving national […]
Q1 Results: IREDA Posts 49% Growth in Operating Profit, Income Up 30% – EQ
In Short : IREDA reported a 49% rise in operating profit to ₹581 crore for Q1 FY25, while total income grew 30% to ₹1,401 crore. Net profit increased 26% to ₹335 crore. The strong performance was driven by robust loan disbursements and growing demand for renewable energy financing, reflecting IREDA’s continued focus on supporting India’s […]
Govt Grants Section 54EC Tax Benefit Status to IREDA Bonds – EQ
Central Board of Direct Taxes (CBDT) under the Ministry of Finance has notified bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) as ‘long-term specified asset’ under section 54EC of the Income-tax Act, 1961. The notification came into effect from July 9, 2025. As per the notification, bonds redeemable after five years and issued […]
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 […]