IREDA Share Price Target: Indian Renewable Energy Development Agency (IREDA) is a government-owned financial institution that plays a crucial role in funding India’s renewable energy ecosystem. The company provides loans and financial support to solar, wind, hydro, biomass, energy storage, and other green energy projects across the country.
Backed by the Government of India, IREDA focuses on long-term project financing with an emphasis on sustainable growth, stable returns, and risk-controlled lending. As India accelerates its transition toward clean energy and carbon neutrality, IREDA’s role in the energy value chain is expected to become even more important. Let’s look at IREDA’s share price target from 2026 to 2030 with a clear and easy-to-understand long-term outlook.
IREDA Business Overview
IREDA operates as a specialized non-banking financial institution (NBFC) dedicated entirely to renewable and clean energy financing. Its key strengths include:
- Deep expertise in evaluating renewable energy projects
- Strong government backing and policy support
- A diversified loan portfolio across multiple green technologies
- Long-term lending model with predictable interest income
The company’s performance is closely linked to India’s renewable energy expansion plans and climate commitments.
IREDA Share Price Target 2026
In 2026, IREDA is expected to benefit from increasing investments in solar parks, wind farms, hybrid projects, and rooftop solar installations. The demand for structured financing from renewable developers is likely to remain strong.
IREDA share price target for 2026 is estimated to be around ₹170.
This reflects steady loan book growth, stable asset quality, and rising confidence in the company’s long-term business model.
IREDA Share Price Target 2027
By 2027, India’s clean energy push is expected to intensify, with increased focus on energy storage, green hydrogen, and large utility-scale renewable projects. IREDA’s experience and strong project appraisal capabilities could support faster growth.
IREDA share price target for 2027 is projected to be around ₹220.
Higher interest income and improved profitability may support this valuation.
IREDA Share Price Target 2028
In 2028, renewable energy is expected to form a significant share of India’s power generation capacity. IREDA may finance larger and more complex projects, including offshore wind and battery storage solutions.
IREDA share price target for 2028 is estimated to be around ₹270.
This target reflects a stronger balance sheet, diversified loan exposure, and stable long-term earnings visibility.
IREDA Share Price Target 2029
IREDA could enter a more mature growth phase in 2029, supported by a well-diversified portfolio and improved risk management. International climate funds and global partnerships may also support funding capacity.
IREDA share price target for 2029 is expected to be around ₹320.
Consistent loan disbursement and stable margins may strengthen investor confidence.
IREDA Share Price Target 2030
By 2030, IREDA is expected to be one of the most important financial pillars supporting India’s renewable energy transition. The company could play a key role in financing next-generation clean technologies and national green infrastructure projects.
IREDA share price target for 2030 is estimated to be around ₹380.
This reflects long-term growth visibility, strong policy support, and sustained demand for green energy financing.
IREDA Share Price Target Table (2026 to 2030)
| Year | Price Target |
|---|---|
| 2026 | ₹170 |
| 2027 | ₹220 |
| 2028 | ₹270 |
| 2029 | ₹320 |
| 2030 | ₹380 |
Key Growth Drivers for IREDA
- Rapid expansion of renewable energy capacity in India
- Strong government support for clean energy financing
- Rising demand for solar, wind, storage, and green hydrogen projects
- Stable long-term lending model with predictable income
- Increasing global focus on climate-friendly investments
Risks to Consider
- Project execution delays by borrowers
- Interest rate fluctuations affecting borrowing costs
- Policy or regulatory changes in the renewable sector
- Concentration risk in specific renewable segments
Conclusion
IREDA stands out as a long-term beneficiary of India’s clean energy transformation. Its specialized focus, government backing, and growing loan portfolio provide strong visibility for sustainable growth. While short-term market fluctuations may occur, the long-term outlook for 2026 to 2030 appears positive as renewable energy investment continues to rise.
Disclaimer
This content is for educational and informational purposes only. We are not a SEBI-registered firm, and this article does not constitute investment advice. Stock market investments are subject to market risks. Please consult a certified financial advisor before making any investment decisions.