+
MNRE Secretary Reviews IREDA Performance and Strategic Vision
ECONOMY & POLICY

MNRE Secretary Reviews IREDA Performance and Strategic Vision

Nidhi Khare, Secretary, Ministry of New & Renewable Energy (MNRE) and Department of Consumer Affairs, visited the Registered Office of Indian Renewable Energy Development Agency Limited (IREDA) in New Delhi. The visit included a comprehensive review of IREDA's performance and its strategic roadmap, followed by an engaging interactive session with senior officials.

Pradip Kumar Das, Chairman & Managing Director, IREDA, extended a warm welcome to Smt. Khare. During the meeting, Shri Das highlighted IREDA’s notable achievements over the last five years and emphasized the company’s commitment to supporting the Government of India's ambitious renewable energy targets. He outlined IREDA’s plans to contribute to the target of generating 500 GW of non-fossil-based electricity by 2030, aligning with the Govt of India’s vision of 'Viksit Bharat'.

IREDA's presentation highlighted key aspects such as its sectoral financing, diversification strategies, growth plans, and fundraising initiatives. CMD, IREDA, briefed Smt. Khare on the organization's major achievements over the past five years, focusing on Ease of Doing Business, digitalization, automation, and the establishment of a wholly owned subsidiary at the International Financial Services Centre (IFSC) in GIFT City, Gujarat. Shri Das emphasized how IREDA has enhanced its asset quality through consistent engagement with borrowers.

IREDA was the first company to publish its Q3 Audited Financial Results within just 9 days. The highest standards of corporate governance maintained by IREDA have set a new benchmark for Indian Corporates. Secretary, MNRE praised IREDA’s impressive progress and acknowledged its essential role in promoting India’s renewable energy goals. She assured swift support to IREDA to accelerate the growth of the renewable energy sector and drive the decarbonization of the economy.

Nidhi Khare, Secretary, Ministry of New & Renewable Energy (MNRE) and Department of Consumer Affairs, visited the Registered Office of Indian Renewable Energy Development Agency Limited (IREDA) in New Delhi. The visit included a comprehensive review of IREDA's performance and its strategic roadmap, followed by an engaging interactive session with senior officials. Pradip Kumar Das, Chairman & Managing Director, IREDA, extended a warm welcome to Smt. Khare. During the meeting, Shri Das highlighted IREDA’s notable achievements over the last five years and emphasized the company’s commitment to supporting the Government of India's ambitious renewable energy targets. He outlined IREDA’s plans to contribute to the target of generating 500 GW of non-fossil-based electricity by 2030, aligning with the Govt of India’s vision of 'Viksit Bharat'. IREDA's presentation highlighted key aspects such as its sectoral financing, diversification strategies, growth plans, and fundraising initiatives. CMD, IREDA, briefed Smt. Khare on the organization's major achievements over the past five years, focusing on Ease of Doing Business, digitalization, automation, and the establishment of a wholly owned subsidiary at the International Financial Services Centre (IFSC) in GIFT City, Gujarat. Shri Das emphasized how IREDA has enhanced its asset quality through consistent engagement with borrowers. IREDA was the first company to publish its Q3 Audited Financial Results within just 9 days. The highest standards of corporate governance maintained by IREDA have set a new benchmark for Indian Corporates. Secretary, MNRE praised IREDA’s impressive progress and acknowledged its essential role in promoting India’s renewable energy goals. She assured swift support to IREDA to accelerate the growth of the renewable energy sector and drive the decarbonization of the economy.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?