The Indian Renewable Energy Development Agency (IREDA) has sanctioned Rs 117.40 billion, a 29 per cent increase compared to the Rs 91.36 billion sanctioned in the same period last year.
Loan disbursements grew by 31 per cent year-on-year to Rs 69.81 billion. Meanwhile, the loan book outstanding at the end of the quarter is Rs 799.60 billion, which is 27 per cent more than previous year’s Rs 632.07 billion.