IREDA Holds 16th Stakeholders’ Meet

  • Indian Renewable Energy Development Agency Limited (IREDA) held its 16th Stakeholders’ Interaction Meeting at the India International Centre in New Delhi. 
  • The meeting was attended by business partners from various renewable energy sectors. 
  • The event highlighted IREDA’s recent achievements, including its historic annual performance in FY 2023-24. 
  • The meeting also discussed major initiatives for renewable energy development, execution of suggestions from previous meetings, and plans aligned with Government of India targets. 
  • IREDA’s Tier-1 Capital reached Rs. 8,265.20 crores as of March 31, 2024, enabling larger exposure in project financing. 
  • Borrowers commended IREDA for its streamlined loan sanction process and faceless transactions. 
  • IREDA’s Chairperson & Managing Director, Shri Pradip Kumar Das, emphasized the importance of facilitating Ease of Doing Business and optimizing IT Infrastructure. 
  • The meeting also included an interactive session for stakeholders to engage directly with the CMD and team.
Posted in Current Affairs.