IREDA looks at Rs 27.49 billion revenue in 2021-22

Indian Renewable Energy Development Agency Limited (IREDA) is eyeing a revenue of Rs 27.49 billion from operations in the financial year 2021-22.

A memorandum of understanding (MoU) was signed between IREDA and the Ministry of New and Renewable Energy (MNRE), setting an annual performance target for the financial year 2021-22. The target set falls under the excellent category rating along with various performance-related key parameters such as return on net-worth, non-performing assets (NPA) to total loans, asset turnover ratio and earning per share.

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