Mumbai: Shri Pradip Kumar Das, Chairman & Managing Director of Indian Renewable Energy Development Agency Ltd. (IREDA), participated in a panel discussion on "The New Interdependencies: Trust, Security and Climate Resilience" on 24th April 2024 at 26th World Energy Congress held in Rotterdam, Netherlands. During the discussion, Shri Das shared valuable insights into India's journey towards energy transition and underscored IREDA's crucial role in advancing renewable ener

New Delhi: IREDA has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) to 0.99% in FY 2023-24 from 1.66% in FY 2022-23, demonstrating a significant reduction of 40.52% year-on-year. The Board of Directors of IREDA commended the company's exceptional performance and sustained growth during a meeting held today at

Abu Dhabi: Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating natural hedging, and thereby accelerating the country's journey towards a greener future. The strategic initiative was highlighted by Shri Pradip Kumar Das,

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) on the occasion of “Public Sector Day” hosted a remarkable gathering today, bringing together its predecessors and superannuated employees in a special event aimed at celebrating the organization's legacy and projecting a path forward for continued success. The event witnessed enthusiastic participation from most of the superannuated employees, including former CMDs and Directors, who assembled to reminisce and

New Delhi: Indian Renewable Energy Development Agency Limited (IREDA), the largest Pure-Play Green Financing NBFC in the country, achieved its highest-ever annual loan sanctions and disbursements for the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crore and disbursed loans worth Rs. 25,089 crore during the fiscal year. This has led to a significant growth of 26.71% in the loan book, which now stands at Rs. 59,650 crore.  

The Borrowing includes fundraising through Taxable Bonds/Green Taxable Bonds/Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI)/ Green Masala Bonds/Green Foreign currency bonds (USD/EUR/JPY)/Foreign currency bonds (USD/EUR/JPY)/Term loan from Banks and FI’s from domestic market/Lines of credit from international agencies/Public & private placement of Tax-free bonds/Capital Gains Bonds/Commercial Papers/Short term loans/CC/WCDL from Banks/Foreign Currency Non-Resident (FCNR -B

Gurugram: Shri Pradip Kumar Das, Chairman & Managing Director of the Indian Renewable Energy Development Agency Ltd. (IREDA), shared invaluable insights at the corporate Strategy Meet of India Infrastructure Finance Company Ltd (IIFCL) in Gurugram today. The event saw distinguished leaders come together to discuss and strategize the future of India's infrastructure financing landscape. In his address, Shri Pradip Kumar Das illuminated the success story of IREDA's recent Initial Pu

New Delhi: Indian Renewable Energy Development Agency Ltd (IREDA) celebrated its 38th Foundation Day today, marking a significant milestone in its journey towards fostering renewable energy development in India. The occasion was graced by Shri Pradip Kumar Das, Chairman & Managing Director, along with Dr. Bijay Kumar Mohanty, Director (Finance), and Shri Ajay Kumar Sahani, Chief Vigilance Officer, who addressed the employees highlighting the company's achievements, challenges, and future

New Delhi: Indian Renewable Energy Development Agency Limited (IREDA) demonstrated its commitment to employee welfare through the organization of a Preventive Health Check-up camp at its Corporate Office in New Delhi today. Inaugurated by Shri Pradip Kumar Das, Chairman & Managing Director of IREDA, the camp marked a significant initiative aimed at fostering early detection of health concerns and fostering a culture of prioritizing fitness among its workforce.

New Delhi: Indian Renewable Energy Development Agency Limited (IREDA) celebrated International Women's Day at the India Habitat Centre in New Delhi today, recognizing the invaluable contributions of women in the Renewable Energy sector and inspiring them to break barriers and achieve their full potential. The event was graced by Squadron Leader Dr. Toolika Rani as the Chief Guest, along with Shri Pradip Kumar Das, Chairman & Managing Director, and Dr. Bijay Kumar Mohanty, Director (Fi