IREDA signs performance MoU with MNRE for 2025-26

Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based MoU with the MNRE, which outlined strategic targets for FY 2025-26. The agreement sets a revenue target from operations of Rs 82 billion for 2025-26. The MoU also defines key performance parameters, including return on net worth, return on capital employed, non-performing assets to total loans, asset turnover ratio and earnings before interest, taxes, depreciation and amortisation.