IREDA has reported strong business performance for the year ended March 31, 2026, with significant growth across all key lending parameters. The provisional results, subject to audit, demonstrate the company's continued expansion in the renewable energy financing sector.

Outstanding Loan Portfolio Growth

The company's outstanding loan book witnessed substantial growth of 22%, reaching ₹93,075 crore at the end of March 31, 2026, compared to ₹76,282 crore in the previous year. This significant increase reflects IREDA's expanding role in financing renewable energy projects across India.

Loan Disbursements and Sanctions Performance

IREDA's operational efficiency is evident in its disbursement and sanction metrics for the financial year:

Loan disbursements showed particularly strong growth at 16%, increasing to ₹34,946 crore from ₹30,169 crore in the previous year. This indicates the company's ability to effectively convert sanctioned loans into actual funding for renewable energy projects.

Regulatory Compliance and Disclosure

The business performance data has been disclosed in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has communicated these provisional figures to both the National Stock Exchange of India Limited and BSE Limited as part of its regulatory obligations.

Key Performance Highlights

The year ended March 31, 2026 marked significant achievements for IREDA:

• Loan sanctions increased by 9% to ₹51,883 crore
• Disbursement efficiency improved with 16% growth
• Portfolio expansion of 22% in outstanding loan book
• Consistent growth across all major business parameters

These provisional results underscore IREDA's strengthening position in India's renewable energy financing landscape, with the company demonstrating robust operational performance across its core lending activities.

IREDA Global Green Energy Finance IFSC Limited (IGGEFIL) has achieved a significant milestone by receiving its inaugural international credit rating from CareEdge Global Ratings on March 31, 2026. The wholly owned subsidiary of Indian Renewable Energy Development Agency Limited has been assigned a Long-Term Foreign Currency Issuer Rating of 'BBB+/Stable', positioning it at par with India's sovereign rating.

Rating Details and Significance

The credit rating assessment reflects IGGEFIL's strong institutional foundation and strategic positioning within India's renewable energy financing landscape.

Strategic Implications

The rating reflects IGGEFIL's institutional linkage with its parent organisation, IREDA, and its strategic role in supporting the renewable energy financing ecosystem. This inaugural international rating establishes the subsidiary's credibility in global financial markets and provides a foundation for future international fundraising activities.

Management Perspective

Shri Pradip Kumar Das, Chairman of IGGEFIL and CMD of IREDA, highlighted the strategic importance of this rating achievement. According to Das, the rating strengthens the company's global strategy and enhances its position to access international capital markets for clean energy financing. He emphasised that the rating is expected to help in diversifying funding sources and reducing the cost of borrowing.

Market Access and Future Prospects

The 'BBB+/Stable' rating positions IGGEFIL favourably for accessing international capital markets, which is crucial for scaling renewable energy financing operations. The rating provides international investors with confidence in the subsidiary's creditworthiness and operational capabilities.

Key benefits of the rating include:

• Enhanced access to international capital markets
• Potential for diversified funding sources
• Expected reduction in borrowing costs
• Strengthened global market positioning

This development marks an important step in IGGEFIL's evolution as a key player in international renewable energy financing, leveraging its parent company's expertise while establishing its own credibility in global markets.