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IREDA signs MoU with MNRE to set ₹8,200 crore target for FY 2025-26

Indian Renewable Energy Development Agency Limited (IREDA) has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) to set strategic targets for the…

IREDA committed to build a green and self-reliant India: Pradip Kumar Das

Indian Renewable Energy Development Agency Ltd. (IREDA) held its 38th Annual General Meeting (AGM) chaired by CMD, Pradip Kumar Das. Indian Renewable Energy Development Agency Ltd (IREDA) has achieved a…

IREDA leads push to accelerate renewable capacity

The 22nd Renewable Energy Summit organised by the India Energy Forum featured a panel discussion on the topic ‘Accelerating Renewable Energy Deployment—Challenges and Solutions.’ In a push to accelarate renewable…

IREDA bonds get 54EC tax-exempt status to aid green energy push

The Central Board of Direct Taxes (CBDT) has notified bonds issued by the Indian Renewable Energy Development Agency Ltd. (IREDA) as ‘long-term specified assets’ under section 54EC of the Income-tax…

IREDA raises ₹2,005.90 crore via QIP to boost green financing

The QIP was oversubscribed with bids amounting to ₹2,005.90 crore against the base issue size of ₹1,500 crore, achieving a subscription of 1.34 times. Indian Renewable Energy Development Agency Ltd.…

Oyster and Jindal to launch 282 MW wind-solar hybrid project

Oyster Renewable Energy Private Limited announced partnership with Jindal Stainless Limited, India’s largest stainless steel manufacturer. This initiative raises the bar for transition to low-carbon manufacturing and accelerates India’s path…

MNRE Secretary Nidhi Khare applauds IREDA’s strong financial performance

Pradip Kumar Das, CMD of IREDA presented an impressive overview of the agency’s remarkable progress, highlighting a 27 percent compound annual growth rate (CAGR) in its loan book and a…

India needs ₹30-32 lakh cr for energy transition by 2030: CMD IREDA

Pradip Kumar Das, CMD, Ireda emphasised the necessity of a globally harmonised green taxonomy to streamline and increase capital inflows into India’s renewable energy sector. India will require investments ranging…

IREDA’s loan sanctions rise 27% to ₹47,453cr in FY 2024-25

Indian Renewable Energy Development Agency Limited (IREDA) loan disbursements rose by 20% to ₹30,168 crore, compared to ₹25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching…

IREDA signs facility agreement for raising ECB from SBI, Tokyo Branch

This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed cost (after hedging) is expected to be below 7 percent, making…

CMD IREDA honoured with CBIP award

IREDA has been conferred with the ‘CBIP Award 2024’ for its ‘Outstanding Contribution to the Development of the Renewable Energy Sector.’ Indian Renewable Energy Development Agency Limited (IREDA) has been…

IREDA celebrates 39th foundation day at business centre in New Delhi 

The company’s recent achievements, including receiving prestigious ‘Navratna’ status, record financial performance and strategic initiatives in green energy financing. Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 39th Foundation…

Women comprise 28.3 pc of IREDA’s workforce, well above the CPSE average of 9.5…

IREDA celebrates International Women’s day 2025 with the theme “Nari Shakti Se Viksit Bharat.” The celebration was graced by Lt. Col. Reena Jha, Army Veteran, as the Chief Guest, along with…

Juniper Green Energy secures US$1 billion in debt financing

The company has paced an order with Envision Energy India for 200 units of the EN 182/5 MW wind turbine generator and a 320.38 MWh Battery Energy Storage System (BESS). …

IREDA achieves ‘Excellent’ rating for the 4th consecutive year 

Indian Renewable Energy Development Agency Limited (IREDA) has achieved ‘Excellent’ rating for the performance MoU, this marked the fourth consecutive year that received Excellent rating showcasing its unwavering commitment to…

IREDA committed to renewable energy financing: CMD Pradip Das

Pradip Kumar Das highlighted IREDA’s leadership in driving market innovations by offering first-to-market support for green ammonia and pumped storage hydropower projects. Prasip Kumar Das, CMD IREDA emphasised on untiring…

India requires more than 10 lakhs additional engineers by 2050 : CMD IREDA

Currently, India is the 4th largest country in terms of jobs in the Renewable energy sector with 1 million jobs of the 16 million jobs globally. By 2050, 43 million…

IREDA gets Gold for corporate governance, CSR

Indian Renewable Energy Development Agency Limited (IREDA) has been honoured with three awards at the 14th PSE Excellence Awards ceremony, organised by the Indian Chamber of Commerce (ICC) in New…

Minister Prahlad flags off IREDA’s CSR initiative 10 battery-operated vehicles at Shree Jagannath Temple

The  CSR programme of the Indian Renewable Energy Development Agency Limited (IREDA), aims to promote eco-friendly mobility and improve accessibility for visitors. Pralhad Joshi, Union Minister of New and Renewable…

IREDA promotes green initiatives with “Ek Ped Maa Ke Naam” & Swachhata Awareness Campaign 

IREDA organised a tree plantation drive, “Ek Ped Maa Ke Naam,” and an awareness session for school children on renewable energy.   and an awareness session for school children on renewable energy. Indian Renewable Energy Development Agency Limited…

IREDA CMD Das shares vision of connecting people with green energy  

PM Narendra Modi visited the IREDA pavilion at RE-INVEST in Gandhinagar where CMD Pradip Kumar Das shared IREDA’s vision to the Prime Minister. The Prime Minister of India, Narendra Modi, visited…

Union Ministers inaugurate IREDA pavilion at green hydrogen conference

The IREDA pavilion at ‘2nd International Conference on Green Hydrogen’ held at New Delhi showcases the organisation’s key role in financing renewable energy projects, with a special focus on emerging…

Subsidiary of IREDA receives provisional registration

The International Financial Services Centre Authority (IFSCA) has granted provisional registration to IREDA Global Green Energy Finance IFSC Limited (a wholly owned subsidiary of IREDA) as a finance company at…

IREDA to develop 900 MW Upper Karnali hydro-electric project in Nepal

Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with SJVN Ltd., GMR Energy Ltd., and their associated companies to develop and implement the project.…

IREDA, SBI meet to accelerate growth of renewable energy sector in India

Pradip Kumar Das, Chairman & Managing Director, of Indian Renewable Energy Development Agency Limited (IREDA), had a meeting with Challa Sreenivasulu Setty, Chairman of State Bank of India (SBI), in…

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