PRADIP KUMAR DAS

Separately, in March, the lender's board had approved a proposal of Rs 24,200-crore borrowing for 2024-25. The amount will be raised through taxable bonds, green taxable bonds, perpetual debt instruments, green masala bonds, green foreign currency b...

Pradip Kumar Das, Chairman & Managing Director of IREDA, said, "This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding to drive the renewable energy sector's growth....

CMD Pradip Kumar Das elaborates on IREDA's growth strategy, leveraging Navratna status for lower borrowing costs and overseas green bond exploration to support sustainable project financing and brand building efforts.

State-owned Indian Renewable Energy Development Agency (IREDA) has achieved its highest-ever annual loan sanctions and disbursements in fiscal year 2023-24. A statement from IREDA revealed that the company sanctioned loans totaling Rs 37,354 crore a...

IREDA, led by Pradip Kumar Das, showcases significant growth in renewable energy. They focus on solar, alternative sources, and aim to explore new areas like pump storage and green hydrogen. Despite challenges in financing, their commitment to susta...

IREDA and PNB have signed a MoU for co-financing green energy projects across India. The agreement aims to facilitate joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects. It strengthens IREDA's partne...

At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion to...

Pradip Kumar Das, CMD of IREDA, discusses the company's role in the PM solar rooftop programme and its foray into the retail business. He emphasizes the importance of a sensible and qualitative business, reducing NPAs, and supporting emerging sector...

The IREDA CMD says: “Having around 79-80% of the loan book in the private sector and that too continuously enhancing in that space as well as reducing NPA, we have that best quality appraisal, review monitoring and governance in place and in the tim...

IREDA partners with IOB in a co-finance agreement to support renewable energy projects in India. The partnership involves the signing of a memorandum of understanding (MoU) and aims to streamline loan syndication and underwriting processes. This col...

“We are a Government of India company and getting navratna status is the Government of India's process. We are meeting all the criteria and I believe that the recent meeting was quite satisfactory. Since it is the Government of India's internal proc...

IREDA Chairman & Managing Director Pradip Kumar Das announced the launch of the retail division while he was speaking during the Leaders' Dialogue on 'Actioning Solutions for Global Sustainable Development and Governance of Resources' on December 7,...

"Till 2030, we envisage another 320 gigawatt of capacity addition in the renewable itself will be there. This will require around Rs 30-32 lakh crores of investment in the country. If you take 75-25 debt equity, it means roughly Rs 24 lakh crore of ...

IREDA’s focus is not only on renewable energy development support, but also to decarbonise energy transition because the Panchamrit target that we have, not only 500 GW of RE installation has to be done by 2030 but also the NDC target also we have t...

The collaboration will provide much-needed support for the development of renewable energy and green hydrogen projects in India, and help in achieving the government's goal of 50 per cent of installed energy capacity from non-fossil fuel based sourc...

The company has posted a 67 per cent year-on-year jump in Profit After Tax (PAT or net profit) in the second quarter of 2022-23. Its net NPAs (not performing assets or bad loans) have been reduced from 4.87 per cent to 2.72 per cent in the second qu...

​​ "India's Renewable Energy (RE) sector could potentially employ around 10 lakh people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh employed by the sector," IREDA Chairman & Managing Director Pradip Ku...

A major barrier for MSME entrepreneurs is the inability to get loans with reasonable interest rates.

Pradip Kumar Das, Chairman and Managing Director (CMD) of IREDA, on Friday met Odisha chief secretary Suresh Chandra Mahapatra, a company statement said. During the meeting Das said that the IREDA is keen to promote more renewable energy projects in...