Indian Renewable Energy Development Agency Limited
Overview
Established in 1987, the Indian Renewable Energy Development Agency Limited (IREDA) is a 'Navratna' Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution engaged in promoting, developing, and extending financial assistance for setting up projects related to new and renewable sources of energy and energy efficiency/conservation. The agency operates under the motto: 'ENERGY FOR EVER'. IREDA's investment strategy focuses on providing financial assistance for projects in sectors such as wind, hydro, solar, and waste-to-energy. The agency offers higher loan amounts, up to 90% of project cost, with longer repayment periods, up to 25 years for sector-specific projects. As of September 30, 2025, IREDA has supported the installation of over 27.52 GW of renewable energy capacity, with cumulative sanctions of Rs 271,063.41 crore and disbursements of Rs 171,127.45 crore. In November 2023, IREDA went public with an initial public offering (IPO), listing on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The agency's vision is to expand and transition renewable energy towards affordability, scalability, and sustainability in India. Its mission is to be a pioneering, participant-friendly, and competitive institution for financing and promoting self-sustaining investment in energy generation from renewable sources, energy efficiency, and environmental technologies for sustainable development. IREDA's track record includes sanctioning its highest-ever loan of Rs 24,000 crore in the 2021-22 fiscal year. The agency has also been granted 'Navratna' status by the Department of Public Enterprises (DPE) in April 2024, recognizing its significant contribution to the renewable energy sector in India.
Investment Focus
- Projects must be related to renewable energy sources and energy efficiency/conservation.
- Projects should be in sectors such as wind, hydro, solar, and waste-to-energy.
- Projects must be located within India.
Reach Indian Renewable Energy Development Agency Limited directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Indian Renewable Energy Development Agency Limited
What sectors does Indian Renewable Energy Development Agency Limited invest in?
Indian Renewable Energy Development Agency Limited invests in Renewable Energy, Electric Vehicles, Energy Efficiency, Energy Storage, Energy Management and Solar Energy, and is based in Secretariat North, India. Indian Renewable Energy Development Agency Limited is listed as a institutional investor in the ConnectSafely investor database.
What stage does Indian Renewable Energy Development Agency Limited invest at?
Indian Renewable Energy Development Agency Limited backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 100M.
Which regions does Indian Renewable Energy Development Agency Limited invest in?
Indian Renewable Energy Development Agency Limited invests across India.
Who are the partners at Indian Renewable Energy Development Agency Limited?
Team members listed for Indian Renewable Energy Development Agency Limited include Surender Suyal (Head of Internal Audit, Finanance & Comapany Secreatry) and Tusar Parida (Executive Director).
How do I contact Indian Renewable Energy Development Agency Limited?
Indian Renewable Energy Development Agency Limited's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
