IREDA releases half-yearly performance figures

Indian Renewable Energy Development Agency Limited (IREDA) has recorded a significant rise in its key business indicators for the half year ended September 30, 2025. The growth is based on provisional data released by the company.

The loan sanctions rose by 86 per cent to Rs 331.48 billion in H1 financial year (FY) 2025-26. This was up from Rs 178.60 billion in the same period last year. The loan disbursements increased by 54 per cent to Rs 150.43 billion compared to Rs 97.87 billion in H1 FY 2024-25. Furthermore, as of September 30, 2025, the company’s outstanding loan book stood at Rs 844.45 billion. This marked a 31 per cent rise from Rs 645.64 billion in the corresponding period of the previous year.

Earlier in September 2025, IREDA approved a Rs 11.34 billion loan for Insolation Energy’s wholly owned subsidiary, Insolation Green Energy, which will be utilised for the development of a 4.5 GW solar cell manufacturing unit in Madhya Pradesh.

Furthermore, earlier in the same month, IREDA raised Rs 4.53 billion through its second issue of perpetual bonds at a rate of 7.70 per cent per annum.