TAG: "Pradip Kumar Das"

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Shareholders Approve IREDA’s Proposal to Raise INR 5,000 Crore Through QIP

IREDA shareholders have approved raising up to INR 5,000 crore through QIP in multiple tranches, supporting green financing and India's clean energy goals. The move will include dilution of government stake in the company by up to 7 percent.

Pradip Kumar Das | February 25, 2025 | By Mrinmoy Dey |  253

Pravasi Bharatiya Divas 2025: IREDA CMD Highlights Diaspora's Role in India’s Green Energy Transition

Indian Renewable Energy Development Agency’s (IREDA) CMD Pradip Kumar Das highlighted how the Indian diaspora can contribute in advancing global sustainability through investments, innovations, and collaborations in renewable energy and green technologies at Pravasi Bharatiya Divas 2025.

Pradip Kumar Das | January 10, 2025 | By Mrinmoy Dey |  938

IREDA Registers 45 Percent Growth in Loan Sanctions in Q3 FY25, Disbursements Grew by 25.27 Percent

Indian Renewable Energy Development Agency (IREDA) has reported a 45.01 percent growth in loan sanctions for Q3 FY2024-25, reaching INR 13,226.81 crore, alongside a 25.27 percent rise in loan disbursements and robust improvements across revenue, profit, and loan book metrics.

Pradip Kumar Das | January 10, 2025 | By Mrinmoy Dey |  424

IREDA Sanctions INR 3000 Crore to Support Odisha’s 10 GW RE Target

Indian Renewable Energy Development Agency Ltd. (IREDA) has sanctioned over INR 3,000 crore for green energy projects in Odisha, supporting the state’s goal of achieving 10 GW renewable energy capacity by 2030, said CMD Pradip Kumar Das at the Odisha Solar Investor Conclave in Bhubaneswar.

Pradip Kumar Das | December 24, 2024 | By Mrinmoy Dey |  790

Indo-German Collaboration Crucial in Building Sustainable Future: IREDA CMD

IREDA CMD Pradip Kumar Das emphasised Indo-German collaboration for a sustainable future, proposing measures like enhancing renewable energy supply chains, financing, innovation, and women's participation, at the Rising Rajasthan Global Investment Summit 2024.

Pradip Kumar Das | December 11, 2024 | By Mrinmoy Dey |  850

IREDA Pushes Competitive RE Financing Solution During its 18th Stakeholders’ Meet

IREDA highlighted amendments to financing norms, including revisions to rebate structures, simplifications for MSMEs and smaller loans and a new fee structure to streamline the financing process during its 18th Stakeholders’ Meet.

Pradip Kumar Das | December 07, 2024 | By Mrinmoy Dey |  803

RE Projects Need Debt Financing at Competitive Rates Rather than Grants: IREDA CMD

IREDA CMD Pradip Kumar Das highlighted the need for competitive debt financing for renewable projects, offering IREDA's support to boost Bhutan’s renewable energy development at the Bhutan-India Renewable Energy Roundtable in Thimphu.

Pradip Kumar Das | October 28, 2024 | By Mrinmoy Dey |  904

India Requires INR 285-345 Lakh Cr Investment by 2047 to Achieve Energy Independence: IREDA CMD

India will need an investment of INR 285-345 lakh crore by 2047 to achieve energy independence, said IREDA CMD Pradip Kumar Das at the CEA’s Brainstorming Conclave, highlighting vast opportunities in renewable energy financing.

Pradip Kumar Das | October 15, 2024 | By Mrinmoy Dey |  949

IREDA Secures Government's Approval for Retail Subsidiary

IREDA has received in-principle approval from the Department of Investment and Public Asset Management (DIPAM), to establish a wholly-owned retail subsidiary.

Pradip Kumar Das | October 11, 2024 | By Abha Rustagi |  1007

IREDA Reports 36 Percent Surge in PAT to INR 387.75 Crore, Loan Sanctions Jump 206 Percent

IREDA's Q2 results show a 36 percent increase in Profit After Tax to INR 387.75 crore and a 206 percent rise in loan sanctions, totaling INR 8,723.78 crore. The agency’s performance supports India’s renewable energy financing goals.

Pradip Kumar Das | October 11, 2024 | By EI News Network |  831

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