Welcome to Indian Renewable Energy Development Agency Ltd (IREDA)

Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto... Read More

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Mini Ratna Category 1

Ministry

Ministry of New and Renewable Energy (MNRE)

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Indian Renewable Energy Development Agency Ltd (IREDA) Services

Wind Energy

Wind Energy

Technology The use of wind as a renewable energy involves the conversion of power contained in ma

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Hydro Power

Hydro Power

Hydroelectric power is electricity produced from generators driven by turbines that convert the pote

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Solar Energy

Solar Energy

a) GENERAL Solar energy is the most abundant & cleanest energy resource on earth. The amount

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Indian Renewable Energy Development Agency Ltd (IREDA) Latest News

IREDA incorporates subsidiary in GIFT City, Gujarat

IREDA incorporates subsidiary in GIFT City, Gujarat

New Delhi: 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, after receiving the No Objection letter from the Reserve Bank of India on 8th February 2024, to set up the finance company in IFSC GIFT City.

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IREDA holds 16th Stakeholders' Meet

Indian Renewable Energy Development Agency Limited (IREDA) recently held its 16th Stakeholders' Interaction Meet at the India International Centre in New Delhi. The meeting witnessed active participation from business partners across the renewable energy spectrum, including Solar, Wind, Hydro, Bio Energy, and New & Emerging technologies. It is worth noting that this was the second in-person meeting out of 16, with the rest being conducted virtually. The event featured a presentation h

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IREDA holds 16th Stakeholders' Meet
Government Accords 'Navratna' Status to IREDA

Government Accords 'Navratna' Status to IREDA

The share price of the Indian Renewable Energy Development Agency (IREDA) surged over 10%  after the PSU company was granted ‘Navratna status' from the Department of Public Enterprises. The shares opened at Rs186.20 apiece on the BSE and went on to touch an intraday high of Rs191.50. After the entity has gained ‘Navratna status’, the government-owned business will be able to move more quickly to carry out its goals and ambitions. Also, government cleara

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World Energy Congress 2024: CMD, IREDA Proposes Innovative Financing Solutions for New and Emerging RE Technologies

Mumbai: Shri Pradip Kumar Das, Chairman & Managing Director of Indian Renewable Energy Development Agency Ltd. (IREDA), participated in a panel discussion on "The New Interdependencies: Trust, Security and Climate Resilience" on 24th April 2024 at 26th World Energy Congress held in Rotterdam, Netherlands. During the discussion, Shri Das shared valuable insights into India's journey towards energy transition and underscored IREDA's crucial role in advancing renewable ener

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World Energy Congress 2024: CMD, IREDA Proposes Innovative Financing Solutions for New and Emerging RE Technologies
IREDA Reports All-Time High Annual Net Profit of Rs. 1,252 Crore, NPAs Below 1%

IREDA Reports All-Time High Annual Net Profit of Rs. 1,252 Crore, NPAs Below 1%

New Delhi: IREDA has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore, 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) to 0.99% in FY 2023-24 from 1.66% in FY 2022-23, demonstrating a significant reduction of 40.52% year-on-year. The Board of Directors of IREDA commended the company's exceptional performance and sustained growth during a meeting held today at

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IREDA's Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects

Abu Dhabi: Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating natural hedging, and thereby accelerating the country's journey towards a greener future. The strategic initiative was highlighted by Shri Pradip Kumar Das,

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IREDA's Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects
IREDA Celebrates Legacy: Past Leaders Share Vision for Future

IREDA Celebrates Legacy: Past Leaders Share Vision for Future

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) on the occasion of “Public Sector Day” hosted a remarkable gathering today, bringing together its predecessors and superannuated 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 most of the superannuated employees, including former CMDs and Directors, who assembled to reminisce and

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IREDA Sets New Records: Achieves Highest Ever Loan Sanctions and Disbursements

New Delhi: Indian Renewable Energy Development Agency Limited (IREDA), the largest Pure-Play Green Financing NBFC in the country, achieved its highest-ever annual loan sanctions and disbursements for the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crore and disbursed loans worth Rs. 25,089 crore during the fiscal year. This has led to a significant growth of 26.71% in the loan book, which now stands at Rs. 59,650 crore.  

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IREDA Sets New Records: Achieves Highest Ever Loan Sanctions and Disbursements
IREDA approves borrowing program of Rs 24,200 cr for FY25

IREDA approves borrowing program of Rs 24,200 cr for FY25

The Borrowing includes fundraising through Taxable Bonds/Green Taxable Bonds/Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI)/ Green Masala Bonds/Green Foreign currency bonds (USD/EUR/JPY)/Foreign currency bonds (USD/EUR/JPY)/Term loan from Banks and FI’s from domestic market/Lines of credit from international agencies/Public & private placement of Tax-free bonds/Capital Gains Bonds/Commercial Papers/Short term loans/CC/WCDL from Banks/Foreign Currency Non-Resident (FCNR -B

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IREDA shares its IPO Success Story

Gurugram: Shri Pradip Kumar Das, Chairman & Managing Director of the Indian Renewable Energy Development Agency Ltd. (IREDA), shared invaluable insights at the corporate Strategy Meet of India Infrastructure Finance Company Ltd (IIFCL) in Gurugram today. The event saw distinguished leaders come together to discuss and strategize the future of India's infrastructure financing landscape. In his address, Shri Pradip Kumar Das illuminated the success story of IREDA's recent Initial Pu

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IREDA shares its IPO Success Story

Indian Renewable Energy Development Agency Ltd (IREDA) Address and Contact Details

India Habitat Centre, East Court, Core-4A,

1st Floor, Lodhi Road,

New Delhi - 11 00 03

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