IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
IREDA Profit Jumps 67% In September Quarter Updated On Mon, Nov 14th, 2022 by Saurenergy The Indian Renewable Energy Development Agency (IREDA), a government undertaking that comes under the Ministry of New & Renewable Energy (MNRE), has announced its audited financial results for the second quarter that ended September 30, 2022 and has held that its profits have soared well above 67 per cent in the said financial quarter. IREDA […] Read more
IREDA CMD Sees Potential For a Million Renewable Jobs By 2030 Updated On Wed, Jul 13th, 2022 by Saurenergy Pradip Kumar Das, the Chairman & Managing Director at IREDA (India Renewable Energy Development Agency), one of the earliest and largest renewables focused financial institution, said one can anticipate a million jobs in the renewable energy sector by 2030. Das was speaking at a programme on Renewable Energy Management for cooperatives organised by the Centre […] Read more
IREDA to raise MSME participation in renewable energy by offering more loans Updated On Mon, Jul 11th, 2022 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has announced that it is committed to heighten the participation of Micro, Medium and Small Enterprises (MSMEs) in the green energy sector by offering more loans. The announcement was made by its Chairman and Managing Director Pradip Kumar Das while speaking at the MSME Banking Conclave 2022. The […] Read more
IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra Updated On Mon, May 23rd, 2022 by Saurenergy Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […] Read more
IREDA sanctions highest-ever loan of Rs 24,000 cr in 2021-22 Updated On Tue, Apr 5th, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) has recorded its highest-ever loan sanction of Rs 2,3921.06 crore and disbursement of around Rs 16,070.82 crore in 2021-22. “Indian Renewable Energy Development Agency Ltd (IREDA), the largest dedicated lender of Renewable Energy in India ended FY2021-22 with its best-ever performance to date. IREDA has achieved the highest-ever […] Read more
IREDA to be consultant to petrochemicals institute for campus solarisation Updated On Mon, Mar 14th, 2022 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […] Read more
IREDA to Provide Consultancy to Goa Shipyard for Solar Rooftop Project Updated On Mon, Jan 31st, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in […] Read more
IREDA Disburses Rs 1100 Crore To Vector Green In 45 Days Updated On Wed, Oct 13th, 2021 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of Rs 1100 crores to Mumbai-based Vector Green Energy, which is focused on solar and wind power. Highlighting the size and speed of disbursal, IREDA said that it is the highest-ever disbursement to a single company in a day by the organisation. Even as IREDA […] Read more
