India’s IREDA leads the charge in green finance with ambitious expansion plans

India Renewable Energy Development Agency, the country’s largest green finance NBFC, is at the forefront of India’s energy transition, driven by its extensive investments in solar, wind, hydro, and emerging clean technologies amid increasing investor scrutiny.

India Renewable Energy Development Agency sits at the centre of one of the most important financing stories in the country’s energy transition. As India’s largest pure-play green finance NBFC and a majority government-owned lender, IREDA has built its business around projects in solar, wind, hydro, ethanol, hybrid power, battery storage, electric vehicles and green hydrogen. Its scale gives it a rare position in the market, but it also means investors are watching its credit discipline as closely as its growth.

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