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Ireda Sanctions Rs 3,000 Crore For Green Energy Projects In Odisha

  • Indian Renewable Energy Development Agency Ltd. (Ireda) has sanctioned over Rs 3,000 crore for green energy projects in Odisha, including solar, hydro, ethanol, and renewable energy manufacturing sectors.
  • The funds will be utilized to set up 10 gigawatts of solar capacity by 2030.
  • Ireda aims to become a driving force in the development of emerging renewable energy technologies.
  • In the second quarter of fiscal 2025, Ireda reported a net profit of Rs 388 crore, with a 36% growth.

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