In Short : IREDA recorded a robust 44 percent increase in loan disbursements, reaching ₹24,903 crore during the April to December period. The strong growth reflects rising demand for clean energy financing, improved execution capabilities, and expanding renewable energy activity across the country, reinforcing IREDA’s central role in supporting India’s renewable energy expansion and long-term […]
In Short : IREDA has once again demonstrated its consistent performance excellence by securing an ‘Excellent’ rating in the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024–25, achieving a commendable score of 96.42 out of 100. In Detail : This marks the fifth consecutive […]
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 […]
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 […]
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 […]
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 […]
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, […]