IREDA targets Rs.27.49 bn revenue in 2021-22

Indian Renewable Energy Development Agency (IREDA) is targeting a revenue of Rs.27.49 bn from operations in the ongoing financial year. The Government has set a target of Rs.27.49 bn income from operations under the 'Excellent' rating, including different performance-related significant parameters such as return on net worth, asset turnover ratio, non-performing asset (NPA) to total loans, earnings per share, and many more. In FY2020-21, IREDA was rated Excellent with a 96.93 score. With an extra equity infusion of Rs.15 bn by the government, in the upcoming years, IREDA would have exponential growth in the renewable energy sector.

Contact: Indian Renewable Energy Development Agency (IREDA)

Website: www.ireda.in