India’s leading green finance institution, IREDA, has achieved a significant milestone by receiving an ‘Excellent’ rating:
The Indian Renewable Energy Development Agency Ltd. (IREDA), India’s premier green financing non-banking financial company (NBFC), has earned an ‘Excellent’ rating from the Department of Public Enterprises (DPE) for the financial year 2023-24. IREDA is now ranked among the top 4 Central Public Sector Enterprises (CPSEs) in the country, and it leads the Power and NBFC sectors.IREDA has been awarded the top performance rating by the Department of Public Enterprises (DPE) for its performance-based Memorandum of Understanding (MoU) for FY 2023-24. This recognition reflects the company’s strong financial and strategic performance and its leadership role in renewable energy financing in India.
