IREDA's Renewable Surge: Massive Loan Growth and Green Ambitions
State-owned IREDA has reported an impressive surge in its loan sanctions, rising 86% to Rs 33,148 crore in the first half of FY26. The company also witnessed a 54% increase in loan disbursements. IREDA continues to support India's renewable energy projects, aligning with the nation's green energy goals.
- Country:
- India
In a remarkable financial performance, state-owned IREDA has sanctioned loans worth Rs 33,148 crore in April-September FY26, marking an 86 per cent increase compared to Rs 17,860 crore in the same period last year.
The firm's loan disbursements have also seen a robust 54 per cent growth, reaching Rs 15,043 crore, a significant rise from Rs 9,787 crore in the first half of FY 2024-25.
With an outstanding loan book of Rs 84,445 crore as of September 30, 2025, which reflects a 31 per cent jump, IREDA is keen to sustain this momentum. CMD Pradip Kumar Das emphasized the agency's commitment to bolstering clean energy projects, supporting India's green energy ambitions.
Advertisement
ALSO READ
Adani Green Energy Expands Renewable Capacity with New Projects
India Expands Clean Energy Reach as IGL Opens New Office, Gas Meter Facility
Adani Green Energy Boosts Renewable Capacity with Khavda Projects
Global Cut in Fossil Fuel Funding Raises Concerns Over Clean Energy Focus
Bhutan-India Collaboration Fuels Clean Energy with Kholongchhu Hydropower Project
Google News