Corporate News

EIB Global Backs India Energy Transition Fund, Targeting $300 Million in Green Investments

  • October 15, 2025
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EIB Global has announced $60 million in the India Energy Transition Fund, a new greenfield infrastructure fund, aiming to attract $300 million in private investment for India’s sustainable energy sector. The fund, managed by EAAA Alternatives, will invest in renewable energy, energy efficiency, transmission, electric vehicles, and circular economy projects. The fund aims to channel […]

Public Sector Unit News

IREDA Q2 Net Profit Jumps 41% to ₹549 Crore

  • October 15, 2025
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Indian Renewable Energy Development Agency Limited (IREDA) reported a 41% increase in Q2 net profit to Rs 549 crore for Q2 FY26, compared to Rs 388 crore in Q2 FY25. The largest pure-play green financing NBFC in India, IREDA, recorded a 26% increase in revenue from operations to Rs 2,057 crore. Loan sanctions for the […]