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IREDA Shares Up 5.6% Post Q4 Results; Net Profit Rises 49%

Pradip Kumar Das, Managing Director and Chairman, IREDA, credited the strong performance to the company’s focus on facilitating India’s green energy shift. “We are committed to being the facilitator of India’s green energy transition through creative financing solutions and strategic alliances,” he added.

IREDA’s strategic position as a government-owned financial institution within the Ministry of New and Renewable Energy provides a layer of policy-induced stability. It remains a key catalyst of clean energy expansion in India, financing big-ticket renewable energy, energy efficiency, and conservation projects.

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