IREDA achieves peak loan sanctions and disbursements

Indian Renewable Energy Development Agency Limited (IREDA) has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24.

The company has sanctioned loans amounting to Rs 373.54 billion and disbursed loans worth Rs 250.89 billion during the fiscal year. This has led to a significant growth of 26.71 per cent in the loan book, which now stands at Rs 596.50 billion.