New Delhi, July 1 -- State-run Indian Renewable Energy Development Agency Ltd. (IREDA) sanctioned Rs.11,740 crore loans in the first quarter of FY26, up 29% compared to Rs.9,136 crore in the same period last year.

IREDA Chairman & Managing Director Pradip Kumar Das said, "Our first quarter growth underscores IREDA's crucial role in powering India's renewable energy ecosystem. The numbers reflect both increasing demand and our readiness to respond with effective financing solutions."

As a key financing arm of India's energy transition, IREDA reiterated its commitment to driving clean energy development and sustaining momentum toward a low-carbon economy.

Published by HT Digital Content Services with permission from India Blooms....