IREDA Global Green Energy Finance IFSC (IGGEFIL), the wholly owned subsidiary of Indian Renewable Energy Development Agency (IREDA), today approved the sanction of its first loan during the Board meeting held in New Delhi. The milestone sanction of USD 22.5 million has been extended to Swarna Solar (SSL) for developing a 100 MW Photovoltaic Solar Power Plant in the Serenje District of the Central Province of Zambia. This first loan sanction marks a significant step for IGGEFIL as it begins to expand India`s green financing footprint into international markets and support sustainable energy development globally.Powered by Capital Market - Live News

Net profit of Indian Renewable Energy Development Agency rose 37.56% to Rs 585.16 crore in the quarter ended December 2025 as against Rs 425.38 crore during the previous quarter ended December 2024. Sales rose 27.20% to Rs 2121.14 crore in the quarter ended December 2025 as against Rs 1667.52 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2121.141667.52 27 OPM %91.9894.74 - PBDT728.15548.22 33 PBT717.20538.20 33 NP585.16425.38 38 Powered by Capital Market - Live News

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the Company on 9 January 2026.Powered by Capital Market - Live News

Indian Renewable Energy Development Agency (IREDA) today received an upgrade in its long term issuer credit rating from S&P Global Ratings, moving to `BBB` from `BBB-`, with Stable Outlook. The short-term rating has also been revised to `A-2` from `A-3`.Powered by Capital Market - Live News

Indian Renewable Energy Development Agency announced the appointment of Rahul Kamal as General Manager (Projects) with effect from 09 October 2025. Powered by Capital Market - Live News