IREDA crosses the highest annual loan disbursement and sanction

Indian Renewable Energy Development Agency Limited (IREDA) has achieved loan disbursement of Rs 163.20 billion during 2022-23.

The earlier highest annual loan disbursement was during 2021-22 of Rs 160.71 billion. Further, IREDA also crossed highest annual loan sanction of Rs 239.21 billion (loan sanction in 2021-22) and touched loan sanction of Rs 325.78 billion, as on March 27, 2023. Notably, the company has been actively contributing to India’s transition towards a sustainable and clean energy future by providing financial assistance to renewable energy projects across the country at competitive rates.