IREDA Loan Disbursals Rise 31% in Q1; Loan Book at ₹799.6 Billion

Indian Renewable Energy Development Agency Ltd. reported a 31% rise in loan disbursals to ₹69.81 billion for the April–June quarter. 

The company’s total loan book rose 27% year-on-year to ₹799.60 billion as of June 30. 

IREDA also sanctioned loans worth ₹117.40 billion during the period, up 29% from a year earlier, the company said in a filing.