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No provisioning for Gensol Engg's asset quality in Q1FY26: IREDA
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.
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