Indian Renewable Energy Development Agency Limited (IREDA has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. ). IREDA is the largest pure-play green financing NBFC in the country.
For the fiscal year 2023-23, the company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores. This has led to a significant growth of 26.71% in the loan book, which now stands at Rs. 59,650 crores.
Chairman and Managing Director of IREDA Shri Pradip Kumar Das said that IREDA’s record loan sanctions and disbursements for the financial year 2023-24 underscore untiring commitment to driving the renewable energy revolution in the country. “This achievement wouldn’t have been possible without the invaluable support of our stakeholders, business-partners, and investors. We are happy to contribute significantly towards Govt. of India’s renewable energy targets and look forward to further amplifying our impact in the coming years”, he added.
