Indian Renewable Energy Development Agency Ltd
NSE:IREDA
Indian Renewable Energy Development Agency Ltd
Revenue
Indian Renewable Energy Development Agency Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
I
|
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
|
Revenue
₹67.3B
|
CAGR 3-Years
33%
|
CAGR 5-Years
24%
|
CAGR 10-Years
N/A
|
|
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Housing and Urban Development Corporation Ltd
NSE:HUDCO
|
Revenue
₹95.3B
|
CAGR 3-Years
11%
|
CAGR 5-Years
6%
|
CAGR 10-Years
N/A
|
|
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REC Limited
NSE:RECLTD
|
Revenue
₹532.1B
|
CAGR 3-Years
12%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
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Power Finance Corporation Ltd
NSE:PFC
|
Revenue
₹1T
|
CAGR 3-Years
10%
|
CAGR 5-Years
11%
|
CAGR 10-Years
N/A
|
|
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Piramal Enterprises Ltd
NSE:PEL
|
Revenue
₹87B
|
CAGR 3-Years
-13%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
6%
|
|
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Indian Railway Finance Corp Ltd
NSE:IRFC
|
Revenue
₹266.5B
|
CAGR 3-Years
19%
|
CAGR 5-Years
19%
|
CAGR 10-Years
N/A
|
Indian Renewable Energy Development Agency Ltd
Glance View
Amid India's vibrant energy landscape, the Indian Renewable Energy Development Agency Ltd. (IREDA) stands as a key player in the nation’s green transition. Established in 1987, IREDA is a public limited government company, dedicated to promoting and financing renewable energy and energy efficiency projects. With India’s ambitious target of installing 500 GW of renewable energy capacity by 2030, IREDA operates at the forefront, bridging the gap between financial needs and sustainable aspirations. It serves a dual purpose – not only reinforcing the nation’s commitment to clean energy but also acting as a vital catalyst for the sector’s financial ecosystem. Unlike many traditional power entities, IREDA does not generate energy. Instead, it acts as a financier, providing a mix of loans and investment to project developers spanning across solar, wind, hydroelectric, biomass, and energy efficiency sectors. IREDA’s financial architecture is built upon a blend of governmental support and self-generated resources, channelizing funds into promising projects that align with its strategic green objectives. The agency earns revenue primarily through interest on the loans it disburses to various sustainable energy projects. It operates much like a specialized bank within the renewable energy sector, assessing the feasibility and risks of each proposal and offering customized financial products to stimulate development. In this way, IREDA not only boosts the financial viability of clean energy projects but also offers investors a sense of security, encouraging further private investment into the sector. Through its dedicated efforts, IREDA supports India's stride towards decarbonizing its energy mix, showcasing how robust financial frameworks can nurture innovation and development in the renewable energy arena.
See Also
What is Indian Renewable Energy Development Agency Ltd's Revenue?
Revenue
67.3B
INR
Based on the financial report for Mar 31, 2025, Indian Renewable Energy Development Agency Ltd's Revenue amounts to 67.3B INR.
What is Indian Renewable Energy Development Agency Ltd's Revenue growth rate?
Revenue CAGR 5Y
24%
Over the last year, the Revenue growth was 35%. The average annual Revenue growth rates for Indian Renewable Energy Development Agency Ltd have been 33% over the past three years , 24% over the past five years .