IREDA's loan sanctions rise to Rs 47,453 Cr, loan book expands to Rs 76,250 Cr in FY 2024-25

ANI March 31, 2025 217 views

IREDA has reported a significant 27% increase in loan sanctions, reaching Rs 47,453 crore for FY 2024-25. Disbursements also rose by 20%, totaling Rs 30,168 crore, while the loan book expanded to Rs 76,250 crore. Chairman Pradip Kumar Das emphasized the agency's commitment to financing renewable energy projects and supporting India's clean energy transition. The provisional figures highlight IREDA's growing role in sustainable energy funding.

"IREDA's consistent growth reflects our dedication to financing renewable energy projects." - Pradip Kumar Das, IREDA CMD
New Delhi, March 31: Indian Renewable Energy Development Agency Limited (IREDA) on Monday reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data.

Key Points

1

Loan sanctions rise 27% to Rs 47,453 Cr

2

Disbursements up 20% to Rs 30,168 Cr

3

Loan book expands 28% to Rs 76,250 Cr

4

Supports India's clean energy transition

Loan sanctions for FY 2024-25 stood at Rs 47,453 crore, marking a 27 per cent increase from Rs 37,354 crore in the previous year. Loan disbursements rose by 20 per cent to Rs 30,168 crore, compared to Rs 25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28 per cent, reaching Rs 76,250 crore as of March 31, 2025, up from Rs 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 Hon'ble Union Minister; Hon'ble 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.

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