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

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..