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IREDA Secures Government's Approval for Retail Subsidiary

IREDA has received in-principle approval from the Department of Investment and Public Asset Management (DIPAM), to establish a wholly-owned retail subsidiary.

IREDA Chairman | October 11, 2024 | By Abha Rustagi |  1096

IREDA Reports 36 Percent Surge in PAT to INR 387.75 Crore, Loan Sanctions Jump 206 Percent

IREDA's Q2 results show a 36 percent increase in Profit After Tax to INR 387.75 crore and a 206 percent rise in loan sanctions, totaling INR 8,723.78 crore. The agency’s performance supports India’s renewable energy financing goals.

IREDA Chairman | October 11, 2024 | By EI News Network |  903

MNRE Minister Pralhad Joshi Reviews IREDA’s Growth Strategy

During his visit, the Minister reviewed IREDA's performance and strategic roadmap for the future, followed by an interactive session with senior officials.

IREDA Chairman | August 30, 2024 | By News Bureau |  888

IREDA Secures International Credit Rating from S&P

S&P Global has assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA, with ‘Stable’ outlook.

IREDA Chairman | August 30, 2024 | By EI News Network |  861

IREDA Supports India’s RE Sector with Innovative Financing and Advisory Solutions

CMD Das showcased IREDA's role in supporting Renewable Energy growth in India, backed by industry expertise and a focus on corporate governance.

IREDA Chairman | July 01, 2024 | By Abha Rustagi |  1214

IREDA CMD Announces Plans for Retail Subsidiary and Bolstering Rooftop Solar Funding

IREDA is planning to set up a subsidiary that will concentrate on Rooftop Solar, PM-KUSUM, Electric Vehicles, and other Business-to-Consumer (B2C) segments.

IREDA Chairman | February 21, 2024 | By Abha Rustagi |  1442

IREDA and Punjab National Bank Join Forces to Advance Renewable Energy Projects

The agreement, signed at IREDA's registered office in New Delhi, lays the groundwork for collaborative efforts in co-lending and loan syndication for a diverse array of renewable energy projects.

IREDA Chairman | February 19, 2024 | By Abha Rustagi |  1465

IREDA Chief Calls for INR 30 Lakh Crore Investment to Fulfill India's Climate Pledges

The CMD also hailed the recently launched 'PM Surya Ghar Muft Bijli Yojana,' a rooftop solar scheme initiated by Prime Minister Narendra Modi on February 13, 2024.

IREDA Chairman | February 16, 2024 | By Abha Rustagi |  1073

IREDA Chairman Advocates MSMEs in Renewable Sector at COP28

Das reiterated IREDA's commitment to promoting environmental sustainability through increased MSME participation in the Renewable Energy sector.

IREDA Chairman | December 11, 2023 | By Abha Rustagi |  1918

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