In Short : “IREDA emphasizes the importance of innovative financing solutions to facilitate India’s transition to renewable energy, highlighting the critical role of financial mechanisms in driving sustainable energy adoption and achieving national energy goals.” In Detail : This was stated by the IREDA CMD Pradip Kumar Das during a panel discussion at the 26th […]
Government renewable power co IREDA achieves all-time high profit – EQ
In Short : Government renewable power company IREDA attains record-high profits, showcasing its financial strength and effectiveness. This achievement underscores its pivotal role in promoting renewable energy adoption and sustainability efforts in India. In Detail : New Delhi [India] : Indian Renewable Energy Development Agency Ltd. (IREDA) achieved an all-time high annual Profit After Tax […]
IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects – EQ
In Short – IREDA’s strategic decision to establish an office in GIFT City aims to catalyze green hydrogen and renewable energy manufacturing projects. This move underscores a concerted effort towards sustainable development, aligning with India’s push for clean energy and technological innovation. In Details – IREDA has consistently been at the forefront of renewable energy […]
IREDA Celebrates Legacy: Past Leaders Share Vision for Future – EQ
In Short : IREDA commemorates its legacy as past leaders share their vision for the future, highlighting the organization’s commitment to advancing renewable energy and fostering sustainable development in India. In Detail : On the occasion of “Public Sector Day” on April 10, 2024, Indian Renewable Energy Development Agency Ltd. (IREDA) hosted a gathering, bringing […]
IREDA sanctions record ₹37,354-cr loans in FY24 -EQ
In Short -In FY24, IREDA approves a record-breaking ₹37,354 crore in loans, demonstrating its commitment to financing renewable energy projects and facilitating substantial advancements in the sustainable energy sector.” In Details – State-run Indian Renewable Energy Development Agency (IREDA) has sanctioned a record ₹37,354-crore loans and disbursed loans worth ₹25,089 crore in FY24, its highest […]
IREDA Board clears proposal of Rs 24,200 crore borrowing for FY25 -EQ
In Short – IREDA’s board has cleared a proposal to borrow Rs 24,200 crore for the fiscal year 2025. This significant borrowing allocation indicates the organization’s strategic financial planning and its commitment to support renewable energy initiatives and projects in the coming year. In Detail – State-owned Indian Renewable Energy Development Agency Ltd’s (IREDA) board on […]
IREDA celebrates 38th Foundation Day – EQ
IREDA celebrates 38th Foundation Day IREDA has achieved ‘Excellent’ Rating for the 3rd Consecutive Year: CMD Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 38th Foundation Day on March 11, 2024, marking a significant milestone in its journey towards fostering renewable energy development in India. The Foundation Day celebration provided a valuable opportunity to […]
IREDA holds Strategic Meet, outlines plans for Business Expansion and Cost Reduction – EQ
In Short : The Indian Renewable Energy Development Agency (IREDA) held a Strategic Meet where it outlined plans for business expansion and cost reduction. This suggests a commitment to enhancing renewable energy initiatives, possibly involving increased investments, project development, and efficiency measures to contribute to India’s sustainable energy goals. In Detail : Indian Renewable Energy […]
IREDA Releases Vigilance Journal ‘Pahal’ – EQ
In Short : IREDA (Indian Renewable Energy Development Agency) has released its vigilance journal named ‘Pahal.’ This publication likely aims to promote awareness and transparency in organizational processes, focusing on vigilance-related matters within the context of renewable energy development in India. In Detail : Indian Renewable Energy Development Agency (IREDA), Government of India enterprise under […]
IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ
In Short : IREDA’s Q3 results reveal a remarkable performance, with a substantial 67% surge in net profit, reaching Rs 335 crore. This significant increase underscores the positive financial trajectory and efficiency of the company during the reported quarter. In Detail : New Delhi, State-owned IREDA on Saturday posted a 67 per cent rise in […]
