New Delhi (Staff Correspondent): Indian Renewable Energy Development Agency Ltd. (IREDA) has started the financial year on a high, registering a notable rise in its key financial indicators for the first quarter ending June 30, 2025, based on provisional data.
Loan sanctions climbed by 29% to ₹11,740 crore in the first quarter of FY 2025-26, compared to ₹9,136 crore in the same period last year. Loan disbursements rose by 31% to ₹6,981 crore, up from ₹5,326 crore in Q1 of FY 2024-25. The company’s outstanding loan book also registered a strong growth, reaching ₹79,960 crore as on June 30, 2025, reflecting a 27% increase over ₹63,207 crore in the corresponding quarter of the previous financial year.
Pradip Kumar Das, Chairman & Managing Director, IREDA, said, “Our first quarter growth underscores IREDA’s crucial role in powering India’s renewable energy ecosystem. The numbers reflect both increasing demand and our readiness to respond with effective financing solutions.”
He acknowledged the consistent support from Hon’ble Union Minister for New & Renewable Energy; Hon’ble Minister of State for New & Renewable Energy; Secretary, MNRE; Board of Directors; and all stakeholders and lauded Team IREDA for its tireless contribution.
Figures are provisional and subject to audit.
