IREDA Share Price

Indian Renewable Energy Development Agency Limited (IREDA) was incorporated in 1987 by the Government of India as a Public Sector Undertaking under the administrative control of the Ministry of New and Renewable Energy (MNRE). The registered office is located in New Delhi. IREDA is listed on both the National Stock Exchange (IREDA) and Bombay Stock Exchange (544026). The company is primarily engaged in promoting, developing, and financing renewable energy and energy efficiency projects across India. IREDA serves as a key financial institution supporting the government’s agenda for a sustainable, clean energy future by enabling access to capital for green infrastructure and fostering innovation in the renewable energy ecosystem.

IREDA Business Segments and Revenue Model

IREDA’s business operations are structured around providing financial products and services tailored to the renewable energy sector. The core business verticals include project financing, equipment financing, and working capital support for renewable energy initiatives. IREDA funds projects in solar, wind, hydro, biomass, waste-to-energy, and energy efficiency. The company generates revenue mainly through interest income earned from term loans, project loans, and working capital advances extended to public and private sector borrowers. Additional revenue comes from loan syndication, refinancing, and consulting services. By serving as a bridge between investors, developers, and the government, IREDA ensures a diversified and risk-mitigated revenue base aligned with the national clean energy roadmap.

IREDA Key Milestones

• 1987: Incorporated by the Government of India as a public financial institution for renewable energy.
• 1995: Recognised as a public financial institution, growing as a key lender for India’s renewable energy sector.
• 2001: Cumulative disbursements surpassed ₹1,000 crore, supporting solar, wind, and small hydro projects.
• 2008: Played a pivotal role in financing India’s National Solar Mission and large-scale wind energy expansion.
• 2015: Achieved ‘Mini Ratna’ status in recognition of operational efficiency and performance
• 2017: Issued its first green masala bonds to raise funds from international markets for clean energy.
• 2020: Became a signatory to the United Nations Global Compact, underlining commitment to sustainability and ethical business.
• 2021: Partnered with multilateral agencies like ADB, World Bank, and KfW to mobilise global capital for renewable energy.
• 2023: Launched successful Initial Public Offering (IPO) and was listed on NSE and BSE, strengthening its capital base and expanding reach.
• 2024: Disbursed record loans to renewable projects, making IREDA a central player in India’s green energy transition.

IREDA ESG and Sustainability

• Aligns business operations with India’s renewable energy targets and Paris Agreement commitments.
• Dedicated to climate action by financing projects that reduce greenhouse gas emissions.
• Focuses on green job creation, rural electrification, and social upliftment through clean energy.
• Aims for net-zero operations and expanding the share of renewables in India’s power mix by 2030.

IREDA Awards and Recognitions

• Received the Skoch Award for Renewable Energy Financing Excellence.
• Recognised as “Best Green Financier” by the India Green Energy Awards.
• Conferred the Golden Peacock Award for Corporate Social Responsibility.
• Listed among the “Top 500 Indian Companies” by Dun & Bradstreet for its contribution to infrastructure finance.