India’s renewable energy financier, Indian Renewable Energy
Development Agency Ltd. (IREDA), reported another quarter of robust
performance, underscoring the country’s accelerating clean energy
momentum. The results for the quarter ended September 30, 2025,
highlighted strong growth across lending, profitability, and
overall financial strength.
According to a press release by India’s Ministry of New and
Renewable Energy, IREDA’s results reflected its growing role in
driving the nation’s sustainability goals. Indian Minister for New
and Renewable Energy Pralhad Joshi stated that IREDA’s performance
signified steady progress toward self-reliance in renewables,
positioning the agency as a key catalyst for India’s green
transition.
The company’s Board approved the audited results, noting a
substantial y/y improvement in key metrics. Loan sanctions rose to
INR2.14 trillion ($25.7bn) from INR872.4bn, marking a 145% surge.
Loan disbursements climbed 81% to INR806.2bn, while the total loan
book expanded 31% to INR8.45 trillion.
IREDA’s net worth advanced 38% to INR1.29 trillion, and profit
after tax rose 41% to INR54.9bn. Revenue from operations increased
26% y/y to INR205.7bn, reflecting healthy demand for clean energy
financing and efficient project execution.
India’s IREDA Chairman and Managing Director Pradip Kumar Das
said the agency’s consistent growth across quarters reinforced its
strategic focus and execution capabilities. He credited the
company’s progress to the continued backing of the Indian
government and the dedication of its workforce.
© 2025 bne IntelliNews, source Magazine
