The Indian Renewable Energy Development Agency on Monday signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE), setting a revenue from operations target of ₹8,200 crore for the financial year 2025–26. The MoU was signed in New Delhi by MNRE Secretary Santosh Kumar Sarangi and IREDA Chairman and Managing Director Pradip Kumar Das.