IREDA Establishes Wholly Owned Subsidiary in IFSC GIFT City

Gandhinagar: Indian Renewable Energy Development Agency Ltd. (IREDA) has marked a significant milestone in its journey towards green financing by incorporating a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. The subsidiary, named “IREDA Global Green Energy Finance IFSC Limited,” was officially incorporated on 7th May, 2024, following…

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IREDA CMD Pradip Kumar Das Addresses World Energy Congress, Advocates for Renewable Energy Adoption

Rotterdam, Netherlands: Pradip Kumar Das, Chairperson & Managing Director of the Indian Renewable Energy Development Agency Ltd. (IREDA), participated in a panel discussion on “The New Interdependencies: Trust, Security and Climate Resilience” at the 26th edition of the World Energy Congress in Rotterdam, Netherlands. During the discussion, Das shared valuable insights into India’s remarkable journey…

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IREDA Achieves Record Profit and Growth in FY 2023-24

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA), the country’s leading green financing NBFC, has announced its outstanding financial performance for the fiscal year 2023-24, achieving remarkable milestones and setting new records. IREDA reported an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crores, marking a significant growth of 44.83% compared to…

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IREDA Celebrates 38th Foundation Day, Highlights Achievements and Future Roadmap

New Delhi: The Indian Renewable Energy Development Agency Ltd. (IREDA) marked its 38th Foundation Day on March 11, 2024, celebrating its remarkable journey in advancing renewable energy development in India. The event provided an opportunity to reflect on the achievements of the past 37 years and express gratitude to employees, stakeholders, and partners who contributed…

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IREDA CMD Addresses World Bank Webinar, Stresses Significant Investments for India’s Renewable Goals

New Delhi: The Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency Ltd. (IREDA), Shri Pradip Kumar Das, delivered a keynote address at an international webinar organized by The World Bank on the release of the latest South Asia Development Update, titled “Toward Faster, Cleaner Growth.” Highlighting the critical need for substantial…

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