IREDA conferred with “Green Urja Award”

12 May 2021 CW Team

Indian Renewable Energy Development Agency Ltd (IREDA) has bagged the "Green Urja Award" for being the 'Leading Public Institution in Financing Institution' for renewable energy this year by the Indian Chamber of Commerce (ICC).

Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA, received the award from Dr Ajay Mathur, Director General, International Solar Alliance, in the presence of Shri Anil Razdan, Chairman, ICC National Expert Committee on Energy, in a virtual ceremony held recently.

IREDA bagged the award for the pivotal and developmental role it plays in Green Energy Financing. Despite the Covid-19 pandemic, IREDA has ended the year 2020-21 on a strong note and disbursed the second-highest (from the date of inception) amount of loan amounting to Rs 8,827 crore, which indicates that IREDA has the ability to translate this problem into an opportunity.

On this occasion, IREDA also highlighted unique initiatives taken by it to contain the first and second waves of Covid-19. IREDA ensured a safe and healthy environment for its employees by adopting a proactive and timely Covid-19 management approach.

IREDA, under the administrative control of the Ministry of New and Renewable Energy (MNRE), is the only dedicated institution for financing renewable energy (RE) and Energy Efficiency (EE) projects in India.

Since its inception, IREDA has played a catalytic role in developing the market for financing RE and EE projects. Over the years, the company has sanctioned loans aggregating to Rs 96,601 crore, disbursed Rs 63,492 core and supported more than 17,586 MW of renewable energy capacity in the country to date.

Image Source

Also read: Mercom India announces Solar 2021 Award winners

Real Estate

23 Oct 2025

What Does Home Insurance Really Cover?

Home insurance is one of the most important protections a homeowner can have. It offers financial cover for unexpected damages, losses, or liabilities related to your property. However, many homeowners are not fully aware of what is actually included in their home insurance policy.This guide breaks down what home insurance really covers, so you can be better prepared and make informed decisions.What is home insurance?Home insurance is a financial product that protects your house and belongings against damage, theft, or accidents. It generally includes coverage for the building itself, as ..

Hettich Strengthens Industry Ties at Madhya Pradesh Investment Meet

Hettich India, a global leader in furniture fittings, reinforced its commitment to Madhya Pradesh’s industrial growth as a Guest of Honour at an Interactive Session on Investment Opportunities in Power, Renewable Energy Equipment, and White Goods Manufacturing, hosted by the Government of Madhya Pradesh in partnership with the Confederation of Indian Industry (CII) at Hotel Trident, Nariman Point, Mumbai.The session, chaired by Dr Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh, brought together leading domestic and international investors, industry representatives, and business lead..

Raimondi Names New Saudi Branch Head

Raimondi Middle East has announced the appointment of Ahmad Shakkour as Branch Manager for the Kingdom of Saudi Arabia, reinforcing the company’s commitment to expanding its presence in one of its key regional markets.With Saudi Arabia driving a wave of large-scale infrastructure and urban development projects, Raimondi aims to strengthen its on-ground operations and customer engagement. The company currently has over 100 cranes deployed across the country and continues to expand its technical and service teams to support growing demand.“Saudi Arabia represents a cornerstone of our regiona..