Date: 03/04/2024

Record renewable energy, green financing in 2023-24

Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in 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, highlighted a release.
Source: Exim News Service: New Delhi, April 2