Home › Policies & Regulations ›IREDA Supports India’s RE Sector with Innovative Financing and Advisory Solutions
IREDA Supports India’s RE Sector with Innovative Financing and Advisory Solutions
CMD Das showcased IREDA's role in supporting Renewable Energy growth in India, backed by industry expertise and a focus on corporate governance.
July 01, 2024. By Abha Rustagi
Pradip Kumar Das, CMD, the Indian Renewable Energy Development Agency (IREDA), addressed the 61st National Cost and Management Accountants’ Convention at Ekta Nagar, Statue of Unity in Gujarat.
He showcased IREDA's role in supporting renewable energy growth in India, backed by industry expertise and a focus on corporate governance including the publication of FY24 Annual Audited Financial Results within 19 days- the fastest in India's Banking and Financial Services sector and holding of Annual General Meeting within 84 days.
Das emphasized the large scale of investments required across infrastructure sectors in India (such as Power, Roads, Ports, etc.) totaling INR 220-260 lakh crores between FY24 to FY30 as per the National Infrastructure Pipeline. Of this, the renewable energy investment is projected at ~INR 30 lakh crore till 2030 unlocking an addressable debt market of over INR 22 lakh crore for green financing institutions such as IREDA.
Under the topic of 'Green Consulting', Das spoke about IREDA’s commitment to advancing technological integration, operational excellence, and policy alignment within the renewable energy sector through its advisory support and consulting services.
India's Green Consulting market currently at INR 2,000-2,500 crores as per CEEW is expected to touch INR 14,000-16,000 crores by 2030 given the strong demand for RE project advisory, impact assessment, and ESG reporting services.
He showcased IREDA's role in supporting renewable energy growth in India, backed by industry expertise and a focus on corporate governance including the publication of FY24 Annual Audited Financial Results within 19 days- the fastest in India's Banking and Financial Services sector and holding of Annual General Meeting within 84 days.
Das emphasized the large scale of investments required across infrastructure sectors in India (such as Power, Roads, Ports, etc.) totaling INR 220-260 lakh crores between FY24 to FY30 as per the National Infrastructure Pipeline. Of this, the renewable energy investment is projected at ~INR 30 lakh crore till 2030 unlocking an addressable debt market of over INR 22 lakh crore for green financing institutions such as IREDA.
Under the topic of 'Green Consulting', Das spoke about IREDA’s commitment to advancing technological integration, operational excellence, and policy alignment within the renewable energy sector through its advisory support and consulting services.
India's Green Consulting market currently at INR 2,000-2,500 crores as per CEEW is expected to touch INR 14,000-16,000 crores by 2030 given the strong demand for RE project advisory, impact assessment, and ESG reporting services.
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
please contact: contact@energetica-india.net.