SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 02 Apr, 2024  

Solar.9.Thmb.jpg IREDA loans for green energy projects surge to Rs 37,354 crore in 2023-24

   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 02 Apr, 2024
Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing Non-Banking Financial Company (NBFC) in the country, has achieved its highest-ever annual loan sanctions amounting to Rs 37,354 crore in the financial year 2023-24, according to an official statement issued on Tuesday.

The company has disbursed loans worth Rs 25,089 crore during the fiscal year. This has led to a robust growth of 26.71 per cent in the loan book, which now stands at Rs 59,650 crore.

Commenting on the performance of the company, IREDA chairman and managing director Pradip Kumar Das said: "IREDA's record loan sanctions and disbursements for the financial year 2023-24 underscore our commitment to driving the renewable energy revolution in the country."

"We are happy to contribute significantly towards Union government's renewable energy targets and look forward to further amplifying our impact in the coming years," Das said.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter