IREDA signs Performance MoU with MNRE, ₹8,200 Crore Revenue Target for FY 2025-26

Current Context: On August 25, 2025, the Indian Renewable Energy Development Agency (IREDA) signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) at Atal Akshay Urja Bhawan, New Delhi.

• The MoU sets a revenue target of ₹8,200 crore for Financial Year (FY) 2025–26, aiming to strengthen renewable energy financing.
• IREDA surpassed its FY 2024–25 target by ₹786 crore, achieving ₹6,743.32 crore.

Key performance indicators include :

• Return on Net Worth (RoNW), Return on Capital Employed (RoCE), Non-Performing Assets (NPA) ratio, Asset Turnover Ratio, and Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA).

IREDA has maintained an “Excellent” rating for four consecutive years.

Question:

Q.1 What is the revenue target set for the Indian Renewable Energy Development Agency (IREDA) under the MoU with the Ministry of New and Renewable Energy (MNRE) for FY 2025–26?
a) ₹8,200 crore
b) ₹7,414 crore
c) ₹6,743.32 crore
d) ₹9,000 crore

Answer: a) The MoU sets a revenue target of ₹8,200 crore for Financial Year (FY) 2025–26, aiming to strengthen renewable energy financing.