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January 02,2025

IREDA Achieves 41% Loan Growth in December Quarter

IREDA (Indian Renewable Energy Development Agency) reported a 41% YoY growth in loan disbursements, reaching Rs 17,236 crore in the December quarter. It sanctioned loans worth Rs 31,087 crore, marking a 129% YoY increase. The outstanding loan book rose by 36% to Rs 69,000 crore. This growth highlights IREDA's pivotal role in supporting India's renewable energy transition.

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