Tag Archives: IREDA

Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May, 2024. Earlier, on 8th February, 2024, the Reserve Bank of India gave …

Indian Renewable Energy Development Agency Limited (IREDA) organized its 16th Stakeholders’ Interaction Meet at the India International Centre in New Delhi today, May 4, 2024. The Stakeholders’ Meet witnessed enthusiastic participation from business partners spanning the renewable energy spectrum, including Solar, Wind, Hydro, Bio Energy, and New & Emerging technologies. Notably, this …

Chairperson & Managing Director of Indian Renewable Energy Development Agency Ltd. (IREDA) Shri Pradip Kumar Das participated in a panel discussion on “The New Interdependencies: Trust, Security and Climate Resilience”, at the 26th edition of World Energy Congress in Rotterdam, Netherlands. During the discussion, the IREDA CMD shared insights into India’s journey towards energy transition …

Indian Renewable Energy Development Agency Ltd. (IREDA), the nation’s largest pure-play green financing NBFC, has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crores, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) …

Indian Renewable Energy Development Agency Ltd. (IREDA) has opened an office in GIFT City, Gandhinagar, which will specialize in providing debt options denominated in foreign currencies. This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects. The strategic initiative which would contribute …

On the occasion of “Public Sector Day” on April 10, 2024, Indian Renewable Energy Development Agency Ltd. (IREDA) hosted a gathering, bringing together its predecessors and retired employees in a special event aimed at celebrating the organization’s legacy and projecting a path forward for continued success. The event witnessed enthusiastic participation from …

Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal …