IREDA’s loan sanctions rise 27% to ₹47,453cr in FY 2024-25

Indian Renewable Energy Development Agency Limited (IREDA) loan disbursements rose by 20% to ₹30,168 crore, compared to ₹25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching ₹76,250 crore as of March 31, 2025, up from ₹59,698 crore in the previous year.

Indian Renewable Energy Development Agency Limited (IREDA) reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data. Loan sanctions for FY 2024-25 stood at ₹47,453 crore, marking a 27% increase from ₹37,354 crore in the previous year. Loan disbursements rose by 20% to ₹30,168 crore, compared to ₹25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching ₹76,250 crore as of March 31, 2025, up from ₹59,698 crore in the previous year.

Pradip Kumar Das, Chairman & Managing Director, IREDA, stated, “Announcing IREDA’s annual performance on the last day of the financial year underscores our strong commitment to the highest standards of corporate governance and transparency with our investors. IREDA’s consistent growth in loan sanctions, disbursements, and loan book reflects our strong dedication to financing renewable energy projects. We remain committed to supporting India’s clean energy transition through innovative and accessible financing solutions.”

“I sincerely thank Union Minister, Union Minister of State, Ministry of New & Renewable Energy; Secretary, MNRE; our Board of Directors; Regulators; and officials of MNRE and other ministries for their unwavering support. I appreciate the dedication and relentless efforts of the Team IREDA, whose commitment drives our success”, Das added. These provisional figures are subject to audit.