{"id":40411,"date":"2025-08-25T15:43:36","date_gmt":"2025-08-25T10:13:36","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/25\/ireda-revenue-target-fy-2025-26-bold-inr-8200-cr-push\/"},"modified":"2025-08-25T15:43:36","modified_gmt":"2025-08-25T10:13:36","slug":"ireda-revenue-target-fy-2025-26-bold-inr-8200-cr-push","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/25\/ireda-revenue-target-fy-2025-26-bold-inr-8200-cr-push\/","title":{"rendered":"IREDA Revenue Target FY 2025-26: Bold INR 8,200 Cr Push"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400;\"><strong>New Delhi [India], August 25:<\/strong> The Indian Renewable Energy Development Agency (IREDA) has signed its annual Performance MoU with the Ministry of New and Renewable Energy (MNRE). The pact isn\u2019t symbolic; it sets hard numbers for how much money the state-run financier must generate, and how efficiently it must run.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year\u2019s magic number: <\/span><b>\u20b98,200 crore in revenue from operations for FY 2025-26.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The MoU was inked in Delhi by MNRE Secretary Santosh Kumar Sarangi and IREDA CMD Pradip Kumar Das, with senior officials watching on at Atal Akshay Urja Bhawan.<\/span><\/p>\n<h3><b>Exceeding Targets Is Becoming Routine<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">IREDA isn\u2019t exactly stumbling into this. Last year, it was told to deliver \u20b95,957 crore. It brought in <\/span><b>\u20b96,743.32 crore<\/b><span style=\"font-weight: 400;\">, almost \u20b9800 crore above target. For a government-owned NBFC, that\u2019s not shabby.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s not just revenue. The MoU also locks in parameters like:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Net Worth<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return on Capital Employed<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-Performing Assets ratio<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Asset Turnover<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBTDA<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In short, Delhi isn\u2019t just checking the top line; it wants efficiency and clean books too.<\/span><\/p>\n<h3><b>Four Years Of \u201cExcellent\u201d Ratings<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">IREDA has developed a habit of scoring well in these annual MoUs. Since FY 2020-21, it has bagged an <\/span><b>\u201cExcellent\u201d<\/b><span style=\"font-weight: 400;\"> rating every year. In FY 2023-24, it topped the NBFC and power sector chart and ranked among the <\/span><b>top four CPSEs across all sectors<\/b><span style=\"font-weight: 400;\">, out of 84 companies reviewed by the Department of Public Enterprises.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CMD Pradip Kumar Das was bullish in his remarks:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWe are committed to sustaining our track record of excellence,\u201d he said, pointing to consecutive years of strong performance.<\/span><\/p>\n<\/blockquote>\n<h3><b>Why This Matters For India<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">IREDA isn\u2019t just another public-sector lender. It\u2019s the government\u2019s financial arm for renewable energy. Every solar park, wind farm, and biofuel project that needs financing usually finds IREDA somewhere in the mix.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">India has set a 500 GW renewable energy target by 2030. To get there, the money has to flow. That makes IREDA\u2019s targets less about accounting, more about keeping India\u2019s clean energy pipeline alive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For context: \u20b98,200 crore in operations revenue doesn\u2019t directly mean \u20b98,200 crore of loans, but it\u2019s a good signal of lending appetite. In a country still juggling coal dependence, agencies like IREDA are how we accelerate the green shift.<\/span><\/p>\n<h3><b>The Bigger Play<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The government\u2019s CPSE performance MoUs are a blunt tool: they make bureaucrats and managers accountable. Miss targets, and the rating slips. Deliver, and you get bragging rights (and sometimes better autonomy).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For <\/span><a href=\"https:\/\/www.ireda.in\/home\" target=\"_blank\" rel=\"noopener\"><b>IREDA<\/b><\/a><span style=\"font-weight: 400;\">, the consistent \u201cExcellent\u201d ratings have boosted credibility. It matters for investors, too. IREDA\u2019s IPO in late 2023 was oversubscribed more than 38 times, showing retail and institutional faith in its clean energy play.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year\u2019s MoU target of \u20b98,200 crore? It\u2019s not just about revenue. It\u2019s about proving that the agency can keep scaling up in sync with India\u2019s renewable push.<\/span><\/p>\n<p><a href=\"https:\/\/pnndigital.com\/national\/india-vervesemi-dli-scheme\/\"><b>Also Read: DLI Scheme: India\u2019s Chip Dream<\/b><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], August 25: The Indian Renewable Energy Development Agency (IREDA) has signed its annual Performance MoU with the Ministry of New and Renewable Energy (MNRE). The pact isn\u2019t symbolic; it sets hard numbers for how much money the state-run financier must generate, and how efficiently it must run. This year\u2019s magic number: \u20b98,200&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/25\/ireda-revenue-target-fy-2025-26-bold-inr-8200-cr-push\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;IREDA Revenue Target FY 2025-26: Bold INR 8,200 Cr Push&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":40412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[635],"class_list":["post-40411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-national"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=40411"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/40412"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=40411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=40411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=40411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}