38th Foundation Day of IREDA Celebrated

  • Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 38th Foundation Day on March 11, 2024.
    • The event was a celebration of IREDA’s 37-year journey towards renewable energy development in India.
    • The celebration was attended by Chairman & Managing Director Shri Pradip Kumar Das, Director (Finance) Dr. Bijay Kumar Mohanty, and Chief Vigilance Officer Shri Ajay Kumar Sahani.
    • The CMD commended IREDA’s role in financing India’s energy transition and emphasized innovation as a core strategy.
    • IREDA’s achievements over the past three and a half years included exponential growth in loan portfolio, elevation of credit ratings, historic listing on stock exchanges, and attainment of ‘Infrastructure Finance Company (IFC)’ status from RBI.
    • The CMD emphasized the need to maintain high standards of performance and customer satisfaction, highlighting the immense opportunities in the renewable energy sector.
    • The CMD also highlighted the cultural transition towards increased efficiency, higher employee responsiveness, and women’s empowerment.
    • The CMD expressed confidence in IREDA’s bright future, emphasizing the importance of teamwork, integrity, customer focus, and social responsibility.


Posted in Current Affairs.