In Short : Indian Renewable Energy Development Agency reported its highest-ever loan sanctions and disbursements in FY26, reflecting strong demand for renewable energy financing. The milestone highlights accelerated investments in solar, wind, and emerging technologies. The growth strengthens IREDA’s role in India’s energy transition, improves revenue visibility, and supports large-scale clean power deployment aligned with […]
REC Limited Reports Robust FY25 Performance with ₹3.37 Lakh Crore Loan Sanctions and ₹1.91 Lakh Crore Disbursements – EQ
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’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, […]