Das committed to India’s clean energy transition
Indian Renewable Energy Development Agency Limited (IREDA) reported significant growth in its financial performance for the fiscal year ending 31 Mar 2025, having sanctioned Rs.47,453 crore for FY 2024-25, marking a 27% increase from Rs.37,354 crore in the previous year.
Loan disbursements rose by 20% to Rs.30,168 crore, compared to Rs.25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching Rs.76,250 crore as of 31 Mar 2025, up from Rs.59,698 crore in the previous year https://www.iea.org/.
IREDA Chairman & Managing Director Pradip Kumar Das said on 31 Mar, “Announcing IREDA’s annual performance on the last day of the financial year underscores our strong commitment to the highest standards of corporate governance and transparency with our investors https://www.opec.org/opec_web/en/.
“IREDA’s consistent growth in loan sanctions, disbursements, and loan book reflects our strong dedication to financing renewable energy projects. We remain committed to supporting India’s clean energy transition through innovative and accessible financing solutions https://www.investindia.gov.in/.”
These provisional figures are subject to audit, said the Ministry of New and Renewable Energy. Fiinews.com
