IREDA’s Gross NPAs Rose to 6 Percent in FY 2016-17

Wind projects constitute 34.28 percent of IREDA’s loan portfolio, while solar occupies approximately 25.12 percent

March 15, 2018

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The Indian Renewable Energy Development Agency (IREDA)’s gross non-performing assets (NPAs) rose to 6.01 percent of its total assets in the financial year (FY) 2016-17. The net NPAs of IREDA for FY 2016-17 stood at ₹5 billion (~$77 million).

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Saumy Prateek

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IREDA’s Gross NPAs Rose to 6 Percent in FY 2016-17

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