- last 3 years hockey stick growth and sustaining the growth
- networth 3 years back 2000 crs now 8500 crs +, loan book 23000 crores before 3 yrs and now 50000 crs+
- exemption of divident from govt 3 years back so that we can plough our net profit for growth as it is very bullish time
- have to have crar 15% but for AAA crar we need 17% right now crar is 23%
- largely loan book in private sector (79%)
- roof top solar , debt component just a matrix is for having 1 cr of rooftop solar we require to finance 1.25-1.5 lakh crore of outlay out which there will be some subsidy in relation to this from govt but it will get cleared depending on rural/urban regarding amount of it
- each house hold 1.5 to 3 kw of req
- rec is the nodal agency , as it is present pan india , will see what role IREDA will play in this as rec comes out of mechanism as we 3 are there to compliment each other (rec,ireda,pfc)
- will try and leverage upto 6-7 times (atleast) to keep crar healthy
- target before was 196000 cr of loan book by fy26 this was much before the ipo but now what we are seeing is massive growth and not focusing on specific target as oppurtunity is so masssive
- ROA target 2.5%
- operating leverage in banks – “everything except npa have increased and now in respect of everything npa have decreased and with the same manpower of 178 people and want to further double business with the same man power”
link to interview
IREDA’s Green Growth: Stellar Results and Roadmap for Sustainable Financing | Pradip Kumar Das
PM Modi’s Launch Of Solar Roof-Top Scheme Perfect Opportunity To Sensitise En Masse Indians: IREDA
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