IREDA’s Q1 Loan Sanctions Jump 383% in Boost to Renewables

The lender's loan book expands by 33.77%

July 1, 2024

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) approved loans amounting to ₹91.36 billion (~$1.09 billion) in the first quarter of financial year 2024-25, up 382.62% compared to the same period in the previous year.

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Arshreet Singh

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IREDA’s Q1 Loan Sanctions Jump 383% in Boost to Renewables

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