Indian Renewable Energy Development Agency information
Indian public sector enterprise
Indian Renewable Energy Development Agency Limited
Trade name
IREDA
Company type
Public
Traded as
NSE: IREDA
BSE: 544026
Founded
1987; 37 years ago (1987)
Headquarters
India Habitat Centre, East Court, Core-4A, 1st Floor, Lodhi Road, New Delhi, India
Key people
Pradip Kumar Das (Chairman & MD)[1]
Bijay Kumar Mohanty (CFO)
Revenue
₹3,482 crore (US$440 million) (FY23)[2]
Net income
₹865 crore (US$110 million) (FY23)[3]
Owner
Government of India (75%)[4]
Website
www.ireda.in
Indian Renewable Energy Development Agency Limited (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. Formed in 1987, IREDA is a Mini Ratna (Category – I) organisation owned by the Government of India and administratively controlled by the Ministry of New and Renewable Energy (MNRE).
In November 2023, IREDA went public with an initial public offering (IPO), listing on NSE and BSE.[4]
^"Ireda sanctions highest-ever loan of Rs 24,000 cr in 2021-22 - ET EnergyWorld". ETEnergyworld.com. 5 April 2022. Retrieved 9 April 2022.
^"Govt sets revenue targets for IREDA for FY24 and FY25". BusinessLine. 21 August 2023. Retrieved 16 January 2024.
^Anand, Saurav (25 April 2023). "IREDA reports all-time high net profit of Rs865 crore in FY23". mint. Retrieved 16 January 2024.
^ ab"IREDA's IPO offers a renewable play on climate needs, so does a crowd of peers". The Economic Times. Retrieved 16 January 2024.
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Global Information
₹3,482 crore (US$440 million) (FY23)[2]