Renewables
IREDA’s Q2 Revenue Rises 14% on Sustained Renewable Energy Financing
CEII brief
Mercom India reported on 21 Oct 2026: IREDA’s Q2 Revenue Rises 14% on Sustained Renewable Energy Financing.
Read the full story on Mercom IndiaGovernment-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹23.45 billion (~$247.33million) in the second quarter (Q2) of the financial year (FY) 2027, up 14% year-over-year (YoY) from ₹20.57 billion (~$216.95 million).IREDA…
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
