Advertisement
X

Loan Sanctions Grow 86% to ₹33,148 Cr in H1; Disbursement up 54%: IREDA

The company said its loan disbursements have also recorded healthy growth of 54% to ₹15,043 crore, up from ₹9,787 crore in H1 of FY 2024-25

IREDA
Indian Renewable Energy Development Agency Ltd (IREDA) IREDA
Summary
  • IREDA sanctioned loans worth ₹33,148 crore in April–September FY26, up 86% from a year earlier.

  • Loan disbursements rose 54% to ₹15,043 crore in the same period.

  • Outstanding loan book reached ₹84,445 crore as of September 30, up 31% year-on-year.

  • CMD Pradip Kumar Das said IREDA will continue scaling up support for clean energy projects aligned with India’s green goals.

  • IREDA, under the Ministry of New & Renewable Energy, is a state-owned NBFC financing renewable energy projects.

Advertisement

State-owned IREDA has sanctioned loans worth ₹33,148 crore in April-September FY26, up 86% from ₹17,860 crore in the same period a year ago.

In a statement on Wednesday, the company said its loan disbursements have also recorded healthy growth of 54% to ₹15,043 crore, up from ₹9,787 crore in H1 of FY 2024-25.

The company's outstanding loan book stood at ₹84,445 crore as on September 30, 2025, reflecting a 31% increase over ₹64,564 crore in the corresponding period of the previous financial year.

The company's CMD Pradip Kumar Das said, IREDA looks to maintain the momentum, further scaling up support for clean energy projects in line with the nation's green energy goals.

Under the Ministry of New & Renewable Energy (MNRE), the Indian Renewable Energy Development Agency (IREDA) functions as a state-owned Non-banking financial company (NBFC) with a focus on financing renewable energy projects across India. 

Advertisement
Show comments