New Delhi: The Indian Renewable Energy Development Agency Ltd. (IREDA) has posted impressive financial results for the first quarter of the financial year 2025–26, demonstrating continued momentum in India’s transition to clean energy.
According to provisional figures released by the organization, IREDA’s performance highlights a sharp increase in loan activity and a significant expansion of its loan book, marking strong investor and industry confidence in India’s green energy future.
Strong Growth in Disbursements and Sanctions
For Q1 FY26, IREDA’s loan disbursements surged by 31%, reaching Rs 6,981 crore, compared to Rs 5,326 crore in the same quarter last year (Q1 FY25).
Meanwhile, loan sanctions during the same period grew by 29%, totaling Rs 11,740 crore, up from Rs 9,136 crore a year ago. These figures underscore IREDA’s accelerating role in mobilizing finance for renewable energy projects across the country.
Loan Book Grows to Nearly Rs 80,000 Crore
The company’s outstanding loan book stood at Rs 79,960 crore as of June 30, 2025, a 27% increase over the Rs 63,207 crore reported at the end of Q1 FY25. This sharp rise signals growing demand for green project financing and IREDA’s capacity to scale up its support for India’s clean energy expansion.
CMD Pradip Kumar Das: “IREDA Is Powering India’s Renewable Energy Ecosystem”
Commenting on the performance, IREDA Chairman and Managing Director Pradip Kumar Das credited the growth to the organization’s readiness and agility:
“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.”
He extended appreciation to the Hon’ble Union Minister, Minister of State for New & Renewable Energy, MNRE Secretary, the Board of Directors, and all stakeholders for their ongoing support. Das also commended Team IREDA for their dedicated efforts in achieving these strong results.
Provisional Yet Promising
It is important to note that the Q1 FY26 financial figures are provisional and subject to audit, but they provide a positive early indication of IREDA’s performance trajectory for the fiscal year.
With the continued push for energy transition under national programs like Green Hydrogen, Solar Parks, and Wind-Solar Hybrid Projects, IREDA’s role as a key public sector financing arm is only expected to grow further in the coming quarters.
About IREDA
IREDA, a government-owned non-banking financial institution under the Ministry of New and Renewable Energy, is dedicated to promoting and financing renewable energy and energy efficiency projects across India. Formed in 1987, IREDA is a Navratna organisation owned by the Government of India and administratively controlled by the Ministry of New and Renewable Energy (MNRE).
