Indian Renewable Energy Development Agency Ltd. (IREDA) today received an upgrade in its longterm issuer credit rating from S&P Global Ratings, moving to ‘BBB’ from ‘BBB–’, with Stable Outlook. The short-term rating has also been revised to ‘A-2’ from ‘A-3’ This upgrade brings IREDA’s international credit rating in line with India’s sovereign credit rating, underscoring […]
India’s Clean Energy Momentum Strengthens with IREDA’s Impressive Q2 FY26 Progress: Union Minister Shri Pralhad Joshi – EQ
In Short : India’s renewable energy momentum surged as IREDA reported a 41% rise in net profit to ₹549 crore in Q2 FY26. Loan disbursements grew 81%, while sanctions soared 145% to ₹21,408 crore. Union Minister Pralhad Joshi praised IREDA’s performance, calling it a testament to India’s strong progress toward sustainable growth and self-reliance in […]
MoS Shri Shripad Naik Inaugurates IREDA’s 45 kW Solar CSR Project for Goa Water Supply – EQ
In Short : Minister of State Shri Shripad Naik inaugurated IREDA’s 45 kW solar CSR project for the Goa Water Supply Department. The initiative, developed under IREDA’s Corporate Social Responsibility program, promotes renewable energy adoption and reduces electricity costs. The project reflects IREDA’s commitment to sustainability and its efforts to support clean energy infrastructure and […]
IREDA’s 20th Stakeholders’ Meet Highlights Growth Strategy, New Entity Appraisal Division – EQ
In Short : At its 20th Stakeholders’ Meet, IREDA outlined its growth strategy and announced the launch of a new Entity Appraisal Division to enhance project evaluation and financing efficiency. The initiative aims to boost transparency, improve stakeholder engagement, and accelerate renewable energy development in India, reinforcing IREDA’s role as a key driver in the […]
IREDA’s Loan Sanctions Rise 27% to ₹47,453 Crore, Loan Book Expands 28% to ₹76,250 Crore in FY 2024-25 – EQ
Indian Renewable Energy Development Agency Limited (IREDA) today reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data. Loan sanctions for FY 2024-25 stood at ₹47,453 crore, marking a 27% increase from ₹37,354 crore in the previous year. Loan disbursements rose by 20% to ₹30,168 crore, […]
IREDA’s historic annual performance (FY 2021-22), Highest -ever loan sanction of ₹23,921 Crores (Growth of 117% compared to FY 2020-21). Highest-ever loan disbursement of ₹16,071 (Growth of 82% compared to FY 2020-21) – EQ Mag Pro
IREDA’s historic annual performance (FY 2021-22), Highest -ever loan sanction of ₹23,921 Crores (Growth of 117% compared to FY 2020-21). Highest-ever loan disbursement of ₹16,071 (Growth of 82% compared to FY 2020-21) Highest -ever loan sanction of Rs. 23,921 Crores (Growth of 117% compared to FY 2020-21) Highest-ever loan disbursement of Rs. 16,071 (Growth of […]
Jindal, Shirdi Sai, and Reliance Win IREDA’s Solar Module Manufacturing PLI Auction – EQ Mag Pro
Jindal, Shirdi Sai, and Reliance Win IREDA’s Solar Module Manufacturing PLI Auction. For more information please see below link:
