Monthly Update8 Jan 2026, 05:51 pm
IREDA Secures 'Excellent' Rating for Fifth Consecutive Year in MoU Performance
AI Summary
Indian Renewable Energy Development Agency Limited (IREDA) has secured an ‘Excellent’ rating in the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024-25, achieving a score of 96.42 out of 100. This is the fifth consecutive year that IREDA has received this prestigious rating, highlighting its sustained focus on operational efficiency, financial discipline, and robust corporate governance.
Key Highlights
- IREDA secures 'Excellent' rating for the fifth consecutive year in MoU performance
- Achieved a score of 96.42 out of 100 in the MoU signed with MNRE for FY 2024-25
- Reflects IREDA's ability to maintain momentum amid an expanding mandate and evolving renewable energy landscape
- IREDA's transformative journey from 'Fair' rating in FY 2019-20 to consecutive 'Excellent' ratings
- Recognition of IREDA's commitment to strengthening India's clean energy ecosystem and accelerating the nation’s green energy transition