Mumbai, March 31 -- Indian Renewable Energy Development Agency Limited (IREDA) today reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data.

Loan sanctions for FY 2024-25 stood at Rs.47,453 crore, marking a 27% increase from Rs.37,354 crore in the previous year. Loan disbursements rose by 20% to Rs.30,168 crore, compared to Rs.25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching Rs.76,250 crore as of March 31, 2025, up from Rs.59,698 crore in the previous year.

Pradip Kumar Das, Chairman & Managing Director, IREDA, stated, "Announcing IREDA's annual performance on the last day of the financial year underscores our strong commitment to t...