The Government of India has set a target ₹ 3,361 crores for Revenue from Operation, up by approx. 18% from the previous year achievement Government has also set various performance-related key parameters such as Return on Net Worth, Return on Capital Employed, NPA to Total Loans, Asset Turnover Ratio and Earning per share, etc. IREDA […]
Time-extension to Solar PV Power Projects under Tranche-III of CPSU Scheme Phase II (Government Producer Scheme), implemented by IREDA – EQ Mag
Time-extension to Solar PV Power Projects under Tranche-III of CPSU Scheme Phase II (Government Producer Scheme), implemented by IREDA. For more information please see below link:
IREDA signs loan agreement with KFW to finance ‘Access to Clean Energy Projects’ meant for decentralized solar applications – EQ Mag
The total sanctioned amount of the agreement is EUR 20 million (EESL) has signed loan agreements from multilateral agency – ADB and bilateral agency – KfW, for Decentralized Solar and Electric Mobility Indian Renewable Energy Development Agency Limited (IREDA) has signed a loan agreement with KFW namely, KFW VI line of credit for financing ‘Access […]
Luthra And Luthra Acted For IREDA In Refinancing Deals Aggregating upto INR 3900 Million – EQ Mag
The transaction for Hydro Power Project was led by Girish Rawat (Partner), Varun Chauhan (Managing Associate), Himanshi Bhadoria (Associate) and Abhinav Singh (Associate). Whilst, the transaction team for the Solar Power Project consisted of Girish Rawat (Partner), Ms Ashneet Chhabra (Senior Associate) and Mr. Pranav Dwivedi (Associate). Luthra and Luthra acted for IREDA in refinancing […]
IREDA Sept Qtr Profit Rises 67 Pc to Rs 184 Cr – EQ Mag Pro
The Indian Renewable Energy Development Agency (IREDA) on Saturday posted 67 per cent jump in net profit at Rs 184.30 crore for September quarter 2022-23, mainly due to higher revenues. In the year-ago period, the profit after tax was Rs 110.27 crore, according to a statement from Ministry of New & Renewable Energy. Gross income […]
CMD, IREDA Flags Off “Therapy‐on‐Wheels” – EQ Mag Pro
Shri Pradip Kumar Das, Chairman & Managing Director (CMD), today flagged off second “Therapy‐ on‐Wheels”, a mobile medical van for children with disabilities as part of IREDA’s CSR initiatives. “Therapy‐on‐Wheels” was awarded as an innovative practice in accessibility at the Zero Conferences at UN Headquarters in Austria in February 2022. CMD, IREDA handed‐over the keys […]
CMD, IREDA meets Tamil Nadu Electricity Minister for RE development in the state
Shri Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA), had a meeting with Shri V. Senthil Balaji, Hon’ble Electricity, Prohibition & Excise Minister of Tamil Nadu, today at Chennai. The meeting was aimed at discussing the growth of Renewable Energy in Tamil Nadu and offering IREDA’s financing support […]
MNRE picks REC GM for Director (Finance) post at IREDA – EQ Mag Pro
A Search-cum-Selection Committee constituted by the MNRE has picked Bijay Kr Mohanty for the position of Director (Finance) at IREDA New Delhi: A Search-cum-Selection Committee constituted by the Ministry of New and Renewable Energy (MNRE) has picked Bijay Kr Mohanty for the position of Director (Finance) at IREDA, said an official notification on Monday. “ScSC […]
IREDA launches ‘Complaints Portal’ on the occasion of Vigilance Awareness Week 2022 – EQ Mag Pro
Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE), today launched a ‘Complaints Portal’, as a part of ‘Vigilance Awareness Week 2022’, which is accessible through IREDA website. The portal was launched by Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA, in presence of […]
CMD, IREDA delivers address on “Different methods of Renewable Energy – Its Pros and Cons” – EQ Mag Pro
Shri Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA), delivered a session address at the Workshop cum Conclave on Green Hydrogen Energy on 20th October 2022 at IIT Delhi. Shri Das highlighted the overall journey of Renewable Energy (RE) in the country, technical and commercial aspects of fundamental […]