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.
