Indian Renewable Energy Development Agency Limited (IREDA) has reported strong financial performance for the fiscal year ending March 31, 2025, based on provisional data.
For FY 2024-25, IREDA sanctioned loans totaling ₹47,453 crore, reflecting a 27% growth from ₹37,354 crore in the previous year. Loan disbursements also saw a 20% increase, reaching ₹30,168 crore, compared to ₹25,089 crore in FY 2023-24. The agency’s outstanding loan book grew by 28%, standing at ₹76,250 crore as of March 31, 2025, up from ₹59,698 crore the previous year.
Shri Pradip Kumar Das, Chairman & Managing Director of IREDA, commented, “Announcing IREDA’s annual performance on the final day of the financial year demonstrates our unwavering commitment to upholding the highest standards of corporate governance and transparency with our investors. The consistent growth in loan sanctions, disbursements, and the loan book highlights our dedication to financing renewable energy projects. We remain fully committed to supporting India’s clean energy transition by providing innovative and accessible financing solutions.”
He also expressed his gratitude, stating, “I extend my sincere thanks to the Hon’ble Union Minister, the Hon’ble Union Minister of State for the Ministry of New & Renewable Energy, the Secretary of MNRE, our Board of Directors, regulators, and officials from MNRE and other ministries for their continuous support. I also deeply appreciate the hard work and dedication of Team IREDA, whose relentless efforts are key to our success.”
These provisional figures are subject to audit.
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