For the best experience use Mini app app on your smartphone
No provisioning for Gensol Engg's asset quality in Q1FY26: IREDA
short by Shristi Acharya / on 22 Jul 2025,Tuesday
Indian Renewable Energy Development Agency (IREDA) Chairman Pradip Das said Gensol Engineering's account will not get any further asset quality provisioning in Q1FY26. IREDA has completed 60% of the Gensol provisioning in the current quarter and if the BluSmart vehicles are operational in the upcoming months, this provisioning is not necessary. Gensol's NPA had touched over ₹1,600 crore in Q1FY26.
short by Shristi Acharya / 11:15 am on 22 Jul
For the best experience use inshorts app on your smartphone