Backed by strong governance and investor transparency, IREDA expands its clean energy financing footprint across India
IREDA Posts 27% Surge in Loan Sanctions, Loan Book Crosses ₹76,000 Crore in FY 2024-25
In a landmark financial performance that reaffirms its leadership in India’s renewable energy sector, the Indian Renewable Energy Development Agency Limited (IREDA) has reported a 27% increase in loan sanctions, totaling ₹47,453 crore for the fiscal year ending March 31, 2025. The loan book grew by a solid 28%, reaching ₹76,250 crore, marking another step in IREDA’s support for India’s clean energy transition.
Shri Pradip Kumar Das, Chairman and Managing Director of IREDA, emphasized the agency’s commitment to good governance: “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. IREDA’s consistent growth in loan sanctions, disbursements, and loan book reflects our strong dedication to financing renewable energy projects.”
“I sincerely thank Hon’ble Union Minister; Hon’ble Union Minister of State, MNRE; MNRE Secretary; our Board of Directors; Regulators; and officials of MNRE and other ministries for their unwavering support,” Shri Das added. “I appreciate the dedication and relentless efforts of the Team IREDA, whose commitment drives our success.”
As a Public Sector Undertaking (PSU), IREDA also serves as a registered Non-Banking Financial Company (NBFC) and a Green Financing Institution, creating sustainable finance frameworks in line with global ESG norms.
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