The Indian Renewable Energy Development Agency (IREDA) logged 29 per cent growth in loan sanctions to ₹11,740 crore in June quarter as compared to ₹9,136 crore a year ago.

The state-owned agency started the financial year on a high note, registering a rise in its key financial indicators in June quarter, based on provisional data, a statement said.

Loan disbursements rose 31 per cent to ₹6,981 crore from ₹5,326 crore in Q1 FY25.

The company’s outstanding loan book was at ₹79,960 crore as on June 30, 2025, reflecting 27 per cent increase over ₹63,207 crore in the year-ago period.

“Our first quarter growth underscores IREDA’s crucial role in powering India’s renewable energy ecosystem. The numbers reflect both increasing demand and our readiness to respond with effective financing solutions,” CMD Pradip Kumar Das said.

Published on July 1, 2025