ireda

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IREDA Loan Approvals and Disbursements Reach Record High in FY 2024

Government-owned lender Indian Renewable Energy Development Agency (IREDA) approved loans amounting to ₹373.54 billion (~$4.48 billion) and disbursed ₹250.89 billion...

April 2, 2024

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: ALMM Reimposed from April 1, 2024

The Ministry of New and Renewable Energy (MNRE) has notified the implementation of the Approved List of Models and Manufacturers (ALMM) regulation effective April 1,...

April 1, 2024

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Mercom Staff

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Daily Wrap-up
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IREDA Board Approves ₹242 Billion Borrowing Program for FY 2024-25

The government-owned lender Indian Renewable Energy Development Agency’s (IREDA) Board, in its recent deliberation, has approved a borrowing program totaling up to ₹242...

March 29, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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SJVN Inks Agreements to Supply 600 MW Solar Power in Rajasthan

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has signed a power usage agreement (PUA) and power purchase agreement (PPA) with Rajasthan Urja Vikas and IT...

March 11, 2024

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Satish Shetty

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Markets & Policy

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Solar
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IREDA’s Q3 Profit Surges 67%, NPAs Continue to Decline

The government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 67% year-over-year (YoY) increase in profit after tax for the third quarter...

January 22, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Mercom India’s Most Read News Stories from 2023

Here is a collection of the most-read news stories and in-depth articles of 2023. Most of the top stories this year were from the rooftop solar segment. Other popular...

December 30, 2023

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Satish Shetty

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Mercom Research Focus

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Other

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Renewable Energy
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Mercom’s Most Impactful Interviews in 2023: Here’s What Clean Energy Experts Said

Mercom India conducted a series of exclusive interviews with top executives from the renewable energy sector and government agencies, bringing out their insights on the...

December 30, 2023

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Satish Shetty

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Other

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Renewable Energy
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SECI Invites Proposals for ₹10 Billion Term Loan for 300 MW Solar Project

The Solar Energy Corporation of India (SECI) has invited bids from scheduled commercial banks or financial institutions for a term loan of ₹10 billion (~$120.24 million)...

December 29, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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IREDA Launches Loans Program for Rooftop Solar, PM-KUSUM Consumers

The Indian Renewable Energy Development Agency (IREDA) has launched its retail division with an emphasis on providing loans in the Business-to-Consumer (B2C) sector. The...

December 8, 2023

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B.S. Nagaraj

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Markets & Policy

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Rooftop

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Solar
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MNRE Unveils Revised Policy for Repowering Wind Power Projects

The Ministry of New and Renewable Energy (MNRE), Wind Energy Division, has revised its 2016 policy for repowering wind power projects to facilitate the replacement of...

December 8, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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IREDA Reports 54% Jump in Profits in Q2 as Non-Performing Assets Continue to Drop

The government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 54% year-over-year (YoY) increase in profit after tax for the second...

October 23, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC’s Tender for 1.5 GW of Wind-Solar Hybrid Projects

NTPC has invited bids to set up 1,500 MW of interstate transmission system-connected wind-solar hybrid power projects anywhere in India. The last date to submit the bids...

October 5, 2023

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Mercom Staff

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Daily Wrap-up
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IREDA’s Status Upgraded to ‘Schedule A’ CPSE, Paving the Way for ‘Navratna’ Status

The Indian Renewable Energy Development Agency (IREDA) has been elevated from ‘Schedule B’ to ‘Schedule A’ Central Public Sector Enterprise...

October 4, 2023

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Staff

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Other

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Renewable Energy
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IREDA’s Q1 Profit Up 30% YoY, Non-Performing Assets Reduce

The government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹2.95 billion (~$35.54 million) for the first quarter...

August 14, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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India’s Solar Module Manufacturing Capacity Grows Ten-fold Within a Decade

India’s solar module manufacturing capacity has witnessed a staggering tenfold growth, soaring from 2.4 GW per annum in 2014 to an impressive 25 GW per annum in...

August 8, 2023

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Gautamee Hazarika

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Manufacturing

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Markets & Policy

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Solar

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