KREDL information revenue of ₹135 crore for FY 2023 – 24

Chief Minister Siddaramaiah receiving the dividend cheque for ₹40.53 crore from KREDL in Bengaluru on Thursday.
| Photograph Credit score: particular association

Karnataka Renewable Vitality Growth Restricted (KREDL) recorded a web revenue of ₹135.12 crore in 2023-24 and declared a 30% dividend which amounted to ₹40.53 crore. The cheque for ₹40.53 crore was offered to Chief Minister Siddaramaiah by Vitality Minister Okay.J. George on Thursday.

A monetary help of ₹5 crore was additionally given to the Chief Minister’s Aid Fund by KREDL.

“In its 106th board of administrators assembly held final October, KREDL offered its accounts for the monetary 12 months 2023-24. Within the one hundred and fifth board of administrators assembly in August 2024, approval was granted to offer monetary help of ₹5 crore to the Chief Minister’s Aid Fund. This proposal was subsequently ratified on the twenty eighth normal physique assembly of shareholders held in December 2024,” mentioned a press launch from the Vitality Division.