Ireda News - Latest Updates & Headlines
NHEV reached out to IREDA and PFC before placing EV fleet order to BluSmart
New Delhi, April 20: National Highways for Electric Vehicles (NHEV) has raised concerns placing an order with BluSmart, amidst recent allegations surrounding the electric vehicle ride-hailing company's promoters.
IREDA clocks 49 per cent jump in Q4 net profit at Rs 502 crore
New Delhi, April 15: The Indian Renewable Energy Development Agency Ltd. (IREDA) has announced a robust 49 per cent jump in net profit to Rs 502 crore for the January-March quarter of financial year 2024-25, compared to the corresponding amount of Rs 337 crore in the same quarter of the previous fiscal year.
IREDA's loan sanctions rise to Rs 47,453 Cr, loan book expands to Rs 76,250 Cr in FY 2024-25
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.
IREDA records 27 per cent jump in loan sanctions to Rs 47,453 crore for FY 2024-25
New Delhi, March 31: The Indian Renewable Energy Development Agency Limited (IREDA) on Monday reported 27 per cent jump in loan sanctions to Rs 47,453 crore for the financial year ending on March 31, 2025 compared with the corresponding figure of Rs 37,354 crore in the previous year.
IREDA inks pact for 26 billion Japanese Yen loan from SBI's Tokyo branch
New Delhi, March 28: Indian Renewable Energy Development Agency Limited (IREDA) announced on Friday that it has signed an agreement for a 26 billion Japanese Yen loan from the SBI’s Tokyo branch, which includes a greenshoe option of 10 billion Japanese Yen.
State-owned IREDA launches 1st-ever perpetual bond to raise Rs 1,247 crore
New Delhi, March 20: State-owned renewable energy financier, Indian Renewable Energy Development Agency (IREDA), on Thursday announced that it has launched its first-ever perpetual bond to raise Rs 1,247 crore.
IREDA finalises pact for joint venture to set up 900 MW hydroelectric project in Nepal
New Delhi, Jan 17: The Indian Renewable Energy Development Agency Ltd. (IREDA) on Thursday finalised a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydroelectric Project in Nepal as part of a strategic initiative aimed to strengthen regional energy security and accelerate renewable energy growth, according to an official statement.
IREDA records 26.8 per cent jump in Q3 net profit at Rs 425.37 crore
New Delhi, Jan 10: Indian Renewable Energy Development Agency Ltd. (IREDA) has announced a 26.8 per cent jump in net profit to Rs 425.37 crore for the October-December quarter of the current financial year from Rs 335.54 crore in the same quarter of the previous year.