 "Ireda's loan sanctions rise 29% to ₹11,740 cr in Q1; disbursements up 31%")
The Indian Renewable Energy Development Agency (Ireda) logged 29 per cent growth in loan sanctions to Rs 11,740 crore in June quarter as compared to Rs 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 Rs 6,981 crore from Rs 5,326 crore in Q1 FY25.
The company's outstanding loan book was at Rs 79,960 crore as on June 30, 2025, reflecting 27 per cent increase over Rs 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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app