IREDA achieves significant growth in loan sanctions and disbursements

Indian Renewable Energy Development Agency Limited (IREDA) has reported growth in its financial performance for the financial year 2024-25.

The company sanctioned loans amounting to Rs 474.53 billion, marking a 27 per cent increase over the previous year. The loan disbursements rose by 20 per cent to Rs 301.68 billlon during the fiscal year. This growth has expanded the loan book by 28 per cent which now stands at Rs 762.50 billion.