India’s Clean Energy Momentum Strengthens with IREDA’s Impressive Q2 FY26 Progress: Union Minister Shri Pralhad Joshi
India’s Clean Energy Momentum Strengthens with IREDA’s Impressive Q2 FY26 Progress: Union Minister Shri Pralhad Joshi
Union Minister for New and Renewable Energy, Shri Pralhad Joshi, highlighted that India’s clean energy journey continues to gain strong momentum, driven by the impressive Q2 FY26 performance of Indian Renewable Energy Development Agency (IREDA). He noted that, IREDA is fostering sustainable growth and self-reliance in the renewable energy sector, lighting up India’s future and inspiring collective efforts toward a greener and brighter tomorrow, with passion and purpose.
India’s journey toward clean energy is gaining wonderful momentum with @IREDALtd’s strong Q2 FY26 progress.
With passion and purpose, IREDA is nurturing sustainable growth and self-reliance, lighting up India’s future and inspiring us all to build a greener, brighter tomorrow.… pic.twitter.com/buCO8miBLZ
Indian Renewable Energy Development Agency Ltd. (IREDA) today announced its audited financial results for the quarter and half year ended September 30, 2025, continuing its trajectory of robust growth and operational excellence.
The Board of Directors in its meeting held today approved the audited financial results. IREDA has registered significant year-on-year growth across key financial metrics. The company’s expanding loan book, rising net worth, and consistent profitability underscore its strategic focus and commitment to supporting India’s renewable energy ambitions.
Key Financial Highlights – Q2 FY 2025-26 vs Q2 FY 2024-25 (Standalone):
Commenting on the Q2 performance, Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, stated, “IREDA’s consistent growth across quarters underscores our strategic focus and execution excellence. Our expanding loan book and strong financials are a testament to the trust placed in us by stakeholders and highlight our role as a key enabler in India’s clean energy ecosystem.”
Shri Das also expressed appreciation for Team IREDA’s efforts and extended gratitude to the Hon’ble Union Minister for New & Renewable Energy; Hon’ble Minister of State for New & Renewable Energy; Secretary, MNRE; senior ministry officials; and the Board of Directors for their continued support.