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Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI.The company was established for the promotion, development and commercialisation of new and renewable sources of energy and…
Green energy financier IREDA is powering up! 🚀 H1FY26 saw Gross Loan Portfolio hit ₹ 84,477 Cr (+31% YoY). Operating Profit soared 52% to ₹ 1,454 Cr, with PAT at ₹ 796 Cr (+3%). Asset quality solid: Net NPA 1.97%, 84% loans secured. Huge growth runway ahead as India eyes...