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Renewable Lender IREDA Approved 37% More Loans in FY 2022-23

Higher loan sanctions show robust renewable growth in the country

March 29, 2023

/ Gourav Mishra
/ Other, Renewable Energy
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The Indian Renewable Energy Development Agency (IREDA) has approved ₹327.6 billion (~$4 billion) worth of loans as on March 27, up 37% year-over-year (YoY), which reflects the continued growth of the renewable energy sector in the country.

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Gourav Mishra

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