IREDA's Provisional Q1 2025: Strong Surge in Green Financing
A major player in that mission is the Indian Renewable Energy Development Agency Limited, or as it’s more commonly known, IREDA. This “Mini Ratna” Government of India Enterprise acts as a crucial financial arm, promoting and supporting renewable energy projects across the nation. Learn more about IREDA
IREDA just released its provisional business performance figures for the quarter ended June 30, 2025, and the numbers are certainly illuminating for the renewable energy sector.
Let’s break down the key highlights from their latest announcement:
IREDA - Business Performance for the quarter ended June 30, 2025 (Provisional)
| Particulars | June 30, 2025 (₹ in Crore) | June 30, 2024 (₹ in Crore) | Growth (%) |
|---|---|---|---|
| Loan Sanctioned | 11,740 | 9,136 | 29% |
| Loan Disbursements | 6,981 | 5,326 | 31% |
| Loan Book O/s at the end | 79,960 | 63,207 | 27% |
Looking at these figures, it’s clear that IREDA is firing on all cylinders. Provisional loan sanctions for the quarter hit ₹11,740 Crore, marking a significant 29% jump compared to ₹9,136 Crore in the same quarter last year. This increase indicates a strong pipeline of new renewable energy projects getting the green light for funding.
Even more exciting is the jump in loan disbursements, which represent the actual flow of funds to these projects. Disbursements surged by an impressive 31% to ₹6,981 Crore, up from ₹5,326 Crore a year ago. Higher disbursements mean more projects are moving from approval to execution, which is great news for the sector’s growth.
And it’s not just about new activity; IREDA’s overall loan book outstanding at the end of the quarter expanded by 27% to ₹79,960 Crore, compared to ₹63,207 Crore previously. This growing loan book reflects the continuous expansion and health of IREDA’s portfolio, showcasing its increasing contribution to India’s renewable energy capacity.
These provisional results, while subject to audit, paint a very optimistic picture. They highlight IREDA’s robust performance and its pivotal role in financing India’s renewable energy transition. As of the recent update, IREDA shares were trading at ₹168.8.
What are your thoughts on IREDA’s performance? Share in the comments below!
source: Corporate Announcement
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