New Delhi: The Indian Renewable Energy Development Agency Ltd. (IREDA), a state-owned financial institution under the Ministry of New & Renewable Energy (MNRE), has reported robust financial performance for the first half of the financial year 2025-26. The company has witnessed significant growth in both loan sanctions and disbursements, reinforcing its position as a premier financier of renewable energy projects in India.
Loan Sanctions and Disbursements Witness Sharp Rise
As per provisional data released by the company, loan sanctions increased by a remarkable 86%, reaching Rs 33,148 crore during the six-month period ending September 30, 2025. This is a sharp jump from Rs 17,860 crore sanctioned during the same period in FY 2024-25.
Loan disbursements also showed robust growth, rising 54% year-on-year to Rs 15,043 crore, compared to Rs 9,787 crore in the first half of the previous fiscal year.
Read also: IREDA Leads Cleanliness Drive Under Swachhata Hi Seva 2025, Felicitates Safai Mitras in Delhi
Outstanding Loan Book Grows 31%
IREDA’s outstanding loan book stood at Rs 84,445 crore as of September 30, 2025, marking a 31% increase from Rs 64,564 crore recorded in the corresponding period last year. The growth in the loan portfolio underscores the agency’s expanding footprint in financing India’s renewable energy transition.
CMD Highlights IREDA’s Leadership Role
Commenting on the company’s performance, IREDA Chairman & Managing Director Pradip Kumar Das said,
“The momentum achieved in the first half of this financial year is a clear indication of IREDA’s continued leadership in renewable energy financing. We will build on this foundation to further scale up support for clean energy projects in alignment with the nation’s green energy goals.”
Das expressed his gratitude to the Union Minister for New & Renewable Energy, Minister of State, Secretary (MNRE), the Board of Directors, and all stakeholders for their consistent support and guidance. He also acknowledged the efforts of Team IREDA, whose dedication has been pivotal in maintaining the organization’s strong growth trajectory.
Driving India’s Green Energy Transition
With India setting ambitious targets for renewable energy capacity, IREDA’s continued financial support to solar, wind, hydro, and other green energy projects plays a critical role in meeting national and global sustainability commitments. The strong performance in the first half of FY 2025-26 signals IREDA’s readiness to meet the growing demand for clean energy financing in the country.
About IREDA
The Indian Renewable Energy Development Agency Ltd. (IREDA) is a public sector undertaking under the administrative control of the Ministry of New & Renewable Energy (MNRE). Established in 1987, IREDA is dedicated to promoting, developing, and extending financial assistance for renewable energy and energy efficiency projects across India. Over the years, it has played a pivotal role in advancing the country’s clean energy transition by providing timely and affordable financing solutions.
Read also: Green Steel Needs Policy, Technology, and Finance: IREDA CMD Emphasizes Role of Green Taxonomy
