What we do Indian Renewable Energy Development Agency Ltd (IREDA) is India's premier NBFC focused on financing and promoting renewable energy and energy efficiency projects. |
Founded in 1,987 |
Market share IREDA commands about 12.3% share of India’s 220 GW installed renewable energy capacity financing portfolio. |
Problem solved Provides affordable financial assistance addressing funding gaps for renewable energy projects, manufacturers, and energy efficiency initiatives in India. |
Top clients or who we serve Serves renewable energy project developers, manufacturing companies, government utilities, and infrastructure players in B2B and B2G segments. |
Key management Chairman & Managing Director Shri Pradip Kumar Das with extensive leadership in renewable energy finance and corporate governance. |
Our journey and innovations Since 1987, pioneered RE financing, commissioned a 50 MW solar plant, obtained Infrastructure Finance Company status, and launched innovative financial instruments like Perpetual Bonds. |
Where we operate Pan-India presence with lending footprint across 23 states and 4 union territories; subsidiary operates from GIFT City, Gujarat for international finance. |
Top products or what we offer Comprehensive financial solutions including project loans, refinancing, guarantees, and schemes for solar, wind, hydro, biomass, energy efficiency, ethanol, EV infrastructure, and emerging technologies. |
Top brands Key schemes include Wind & Solar Generation Based Incentive Scheme, MNRE CSPU Scheme, and specialized loans for ethanol production and electric vehicle infrastructure. |
Raw materials needed Not applicable, as the company is a financial services provider, not a manufacturer. |
Raw materials supplier Not applicable. |
Recurring vs cyclical contribution Revenue primarily from recurring interest income on sanctioned loans, exhibiting steady growth aligned with sector expansion. |
Our industry position Market leader as India's largest green financing NBFC with AAA credit ratings and Navratna PSU status. |
Financial highlights FY25 revenue ₹6,742 crore, PAT ₹1,699 crore; loan sanctions at ₹47,453 crore, disbursements ₹30,168 crore, loan book ₹76,282 crore with 27.04% growth in sanctions. |
Geographical revenue split Entire revenue generated from operations across India. |
Order book Strong loan sanction order book totaling over ₹2,37,915 crore cumulatively sanctioned by FY25. |
Whats driving growth Growth driven by government push for renewable capacity expansion, diversified loan products, equity infusion, and favorable policy support. |
Our future plans Expansion of green finance portfolio, international fundraising through subsidiary, introduction of retail financing, and continued asset quality strengthening. |
Our green promise Promotes environmentally sustainable projects; operates a 50 MW solar plant reducing tens of thousands tons of CO2 emissions annually. |
Our people and values Employs 166 staff fostering inclusion and diversity with 28% women workforce; focuses on employee wellness, training, and ethical work culture. |
Key challenges ahead Managing NPA levels, foreign currency exposure risks, competitive financing landscape, and regulatory compliance complexities. |
Interesting facts First Indian RE NBFC to get Infrastructure Finance Company status; raised ₹1,247 crore via inaugural perpetual debt instruments in FY25. |
Risks and strategy Implements stringent risk management including credit appraisal, asset liability management, and recovery mechanisms aligned with RBI guidelines to mitigate financial and operational risks. |
