IREDA’s loan book reached ₹79,941 crore in Q1 FY26, growing at a 29% CAGR since FY21.
As of June 30, 2025, IREDA has sanctioned ₹2.49 lakh crore and disbursed ₹1.63 lakh crore for renewable and energy efficiency projects.
The company recorded a 49% year-on-year growth in operating profit during the quarter, showcasing robust business performance.
While maintaining leadership in solar, wind, hydro, biomass, and cogeneration, IREDA is expanding into green hydrogen, e-mobility, and ethanol to support India's clean energy transition.
State-owned IREDA's loan book reached reached ₹79,941 crore in the first quarter of FY2025-26, growing at a compounded annual growth rate of 29% since 2020-21, its Chairman and Managing Director Pradip Kumar Das said on Thursday.
The Indian Renewable Energy Development Agency, under the Ministry of New and Renewable Energy, provides financing for renewable energy and energy efficiency projects nationwide.
IREDA has been instrumental in enabling the renewable energy transition with over ₹2.49 lakh crore sanctioned and ₹1.63 lakh crore disbursed as of Q1 FY26 (June 30, 2025), Das said, addressing the shareholders at the company's 38th Annual General Meeting (AGM).
"Our loan book has grown at 29% CAGR since FY21, and reached ₹79,941 crore in Q1 FY26. Operating profit has also shown strong momentum with a 49% year-on-year (y-o-y) growth this quarter," he said.
Das said IREDA is also expanding into emerging sectors such as green hydrogen, e-mobility, and ethanol, while consolidating company’s leadership in traditional renewable energy sectors including solar, wind, hydro, biomass and cogeneration.
