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IREDA CMD Unveils Future-Ready Green Energy Roadmap at 38th AGM, Sanctions Cross Rs2.49 Lakh Crore- Know more

IREDA’s 38th AGM highlights ₹2.49 lakh crore in sanctions, expands into green hydrogen, e-mobility, and global financing via GIFT City.
Indian Masterminds Stories

New Delhi: The Indian Renewable Energy Development Agency Ltd. (IREDA) is doubling down on its mission to lead India’s green energy revolution. At its 38th Annual General Meeting (AGM) held virtually today, CMD Pradip Kumar Das laid out a strong, future-focused vision that blends financial strength, technological innovation, and sustainability leadership.

Addressing shareholders from the company’s corporate headquarters, Das announced that IREDA has sanctioned over ₹2.49 lakh crore and disbursed ₹1.63 lakh crore as of the first quarter of FY26, reinforcing the company’s pivotal role in India’s renewable energy growth.

read also: IREDA CMD Leads Key Panel on Accelerating Renewable Energy at 22nd RE Summit- Know More

Financial Highlights That Speak Volumes

  • Loan book hits ₹79,941 crore in Q1 FY26 — up 29% CAGR since FY21
  • Operating profit surges 49% YoY
  • Gains from IFC status and Section 54EC tax-exempt bonds position IREDA for broader investor confidence

IREDA is not just financing projects — it’s financing a green future for India,” said CMD Das.

Expanding the Green Frontier

In line with national clean energy targets, IREDA is expanding its portfolio beyond conventional renewable sectors (solar, wind, hydro, biomass) into:

  • Green Hydrogen
  • E-Mobility
  • Ethanol and Bioenergy
  • Pumped Storage and Advanced Battery Projects

Das emphasized digitization, data-driven decision-making, and simplified processes to improve ease of doing business and internal efficiency.

Looking Global

IREDA’s upcoming GIFT City-based subsidiary will open new global financing windows — especially in green hydrogen and manufacturing-linked renewables. This move aims to bolster India’s role in the global green energy economy and support exporters in the clean tech space.

Trust, Transparency, and Shareholder Confidence

The AGM also reinforced IREDA’s commitment to corporate governance. CMD Das personally responded to shareholder questions live, demonstrating transparency and confidence in the agency’s direction.

read also: IREDA’s QIP Success Reflects Strong Investor Confidence in India’s Renewable Energy Sector, Says MoS Shripad Naik

About IREDA

Indian Renewable Energy Development Agency Ltd. (IREDA) is a Public Sector Undertaking (PSU) under the Ministry of New and Renewable Energy (MNRE). Established in 1987, IREDA serves as the country’s leading financial institution dedicated to renewable energy, having financed over 3,100 clean energy projects. With its recent Navratna status, IREDA continues to power India’s transition to a sustainable and self-reliant energy future.


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