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Key Points

IREDA has reported impressive growth in the first half of FY26 with loan sanctions jumping 86%. The company's disbursements also saw strong growth at 54%, indicating active funding of renewable projects. Their outstanding loan book now stands at Rs 84,445 crore, reflecting sustained expansion in green energy financing. The recent successful bond issue further strengthens their capacity to support India's clean energy transition.

Key Points: IREDA Loan Sanctions Jump 86% to Rs 33148 Crore H1 FY26

  • Loan sanctions surged 86% to Rs 33,148 crore in H1 FY26 compared to last year
  • Disbursements grew 54% to Rs 15,043 crore showing strong project funding
  • Outstanding loan book increased 31% to Rs 84,445 crore as of September 2025
  • Successfully raised Rs 453 crore via perpetual bonds to strengthen capital base
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IREDA's loan sanctions surge 86 pc to Rs 33,148 crore in H1 FY26

IREDA's loan sanctions surge 86% to Rs 33,148 crore in H1 FY26, with disbursements up 54%, fueling India's renewable energy expansion.

"The momentum achieved in the first half of this financial year is a clear indication of IREDA’s continued leadership in renewable energy financing. - Pradip Kumar Das, CMD IREDA"

New Delhi, Oct 1

The Indian Renewable Energy Development Agency (IREDA) on Wednesday said that its loan sanctions surged by 86 per cent to Rs 33,148 crore in the first half this fiscal (FY26), compared to Rs 17,860 crore in the same period last financial year.

Loan disbursements also recorded healthy growth, rising 54 per cent to Rs 15,043 crore in H1 FY26 from Rs 9,787 crore in H1 of FY25.

The public sector company’s outstanding loan book stood at Rs 84,445 crore as on September 30, 2025, reflecting a 31 per cent increase over Rs 64,564 crore in the corresponding period of the previous financial year.

IREDA has continued its robust performance in the current financial year, registering a significant rise in its key business indicators for the half year ended September 30, 2025, based on provisional data.

“The momentum achieved in the first half of this financial year is a clear indication of IREDA’s continued leadership in renewable energy financing. We will build on this foundation to further scale up support for clean energy projects in alignment with the nation’s green energy goals,” said Pradip Kumar Das, Chairman and Managing Director, IREDA.

He expressed gratitude to the government and all stakeholders for their constant guidance and support. He also appreciated Team IREDA for their dedication and contribution towards sustaining continuous growth.

IREDA is an Indian public sector enterprise which provides financial assistance and other services to projects related to renewable sources of energy and energy efficiency/conservation.

IREDA last month announced that it has successfully raised Rs 453 crore through its second issue of perpetual bonds, offering a 7.70 per cent annual interest rate. The fundraising took place on September 11 and received a strong response from investors, with bids worth Rs 1,343 crore.

Against a base size of Rs 100 crore and a green shoe option of Rs 400 crore, the issue was oversubscribed 2.69 times.

IREDA said the funds raised will strengthen its capital base and support the financing of renewable energy projects across the country.

“These bonds will strengthen our Tier-I Capital and help scale up renewable energy financing, accelerating India’s transition to a greener and more sustainable future,” Das stated. He added that the bonds would help scale up financing and accelerate the move towards a greener and more sustainable future.

- IANS

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Reader Comments

R
Rohit P
Impressive numbers! But I hope this financing is reaching smaller entrepreneurs and not just big corporations. Renewable energy should be accessible to all Indians, especially in rural areas.
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Arjun K
The oversubscription of perpetual bonds shows investor confidence in India's renewable energy sector. This is exactly what we need to achieve our 500 GW renewable energy target by 2030! 💪
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Michael C
As someone working in solar energy sector, I can confirm that IREDA's support has been crucial for many projects. Their simplified processes and timely disbursements make a real difference on the ground.
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Shreya B
While the growth numbers look good, I hope IREDA maintains strict due diligence. We've seen cases where rapid expansion led to poor quality projects. Sustainable growth should be the priority, not just numbers.
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Karthik V
₹33,148 crore in just 6 months! This is massive. Imagine the solar panels, wind turbines, and green jobs this will create across India. Proud moment for our country's energy independence journey. ✨

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