IREDA reports 86 per cent growth in loan sanctions in H1 FY 2025-26
Author: PPD Team Date: October 3, 2025
Author: PPD Team Date: October 3, 2025
Indian Renewable Energy Development Agency Limited (IREDA) has reported strong growth in its key business indicators for the half year ended September 30, 2025, based on provisional data.
Loan sanctions rose by 86 per cent to Rs 331.48 billion in H1 FY 2025-26, up from Rs 178.60 billion in the same period last year. Loan disbursements increased by 54 per cent to Rs 150.43 billion, compared to Rs 97.87 billion in H1 FY 2024-25.
As of September 30, 2025, IREDA’s outstanding loan book stood at Rs 844.45 billion, marking a 31 per cent increase from Rs 645.64 billion in the corresponding period of the previous year.
Author: PPD Team Date: September 18, 2024 HPL Electric & Power has won an order worth Rs 1.44 billion for the supply of smart and conventional meters. The company, a leading manufacturer of electrical equipment, will execute the order as per the terms of the letter of award (LoA). HPL operates across five key product areas: metering solutions, modular switches, switchgear, LED lighting, and wires and cables. It holds a strong position in the on-load…
Author: PPD Team Date: January 21, 2025 Power Grid Corporation of India Limited (PGCIL) has completed the acquisition of 7,730,225 equity shares of IL&FS Energy Development Company Limited (IEDCL) in Cross Border Power Transmission Company Limited (CPTCL). This follows an arrangement where IEDCL, a shareholder in CPTCL, divested its entire equity stake as part of the resolution framework approved by the National Company Law Tribunal. CPTCL is a joint venture focused on implementing the Indian…
Author: PPD Team Date: November 13, 2024 NHPC Limited has reported a net profit of Rs 10.69 billion for the quarter ending September 2024, marking a 36.86% decline from Rs 16.93 billion in the same quarter the previous year. However, the company’s total income rose by 9.25% to Rs 34.02 billion during this quarter, compared to Rs 31.14 billion in the corresponding period last year.
Author: PPD Team Date: December 4, 2024 EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units….
Author: PPD Team Date: January 30, 2025 MSIG Asia and The RiskPoint Group have teamed up to strengthen renewable energy (RE) insurance in the Asia Pacific region. With approval from the Monetary Authority of Singapore, RiskPoint will serve as MSIG Singapore’s Managing General Agent. This partnership will leverage Singapore’s role as an insurance hub to provide tailored coverage for solar, wind, and hydroelectric projects. By combining MSIG’s regional network and financial strength with RiskPoint’s underwriting…
Author: PPD Team Date: November 20, 2024 NTPC Vidyut Vyapar Nigam (NVVN) has awarded contracts totalling 66 MW of solar capacity to Kirloskar Solar Technologies and Oriana Power. The projects, valued at Rs 2.91 billion, will be developed across multiple Indian states. Kirloskar Solar Technologies received contracts for 32.29 MW of ground-mounted solar projects and 14.74 MW of rooftop solar installations, amounting to Rs 2.08 billion. These projects will be set up in Chhattisgarh, Madhya…