Question : IREDA



(a) whether Indian Renewable Energy Development Authority is incurring heavy losses;

(b) if so, the details thereof; and

(c) the corrective steps taken by the Government in this regard?

Answer given by the minister


MINISTER OF STATE OF THE MINISTRY OF NON-CONVENTIONALENERGY SOURCES (INDEPENDENT CHARGE) (SHRI VILAS MUTTEMWAR)

(a): No, Sir.

(b): The net profit and dividend payout for the last five (5) years are given below:

(Rs. in crore)

Year	Net Profit	Dividend
2000-01 16.26 9.00 2001-02 4.10 4.00 2002-03 17.33 4.00 2003-04 23.34 4.00 2004-05

(Provisional) 30.40 6.10

(c): Does not arise.