New Delhi: Dr. Jaganath C. Jodidhar has been appointed as a Non-Official Independent Director on the Board of Indian Renewable Energy Development Agency Ltd. (IREDA), a Miniratna PSU under the Ministry of New and Renewable Energy. Dr. Jodidhar has been appointed for a threeyear term, with effect from March 31st 2022, or until further orders. […]
IREDA organized stakeholders’ meeting, discussed future plans – EQ Mag Pro
The stakeholder’s meet started with a brief presentation on IREDA’s recent achievements, major initiatives, execution of suggestions received during the previous interaction meets. NEW DELHI : To share new initiatives, future plans and seek feedback of business partners, the 9th edition of Stakeholders’ interaction meet was held on 2nd April 2022 through video conferencing. The […]
CMD, IREDA meets Large and Medium Scale Industries Minister of Karnataka – EQ Mag Pro
Shri Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA) had a courtesy meeting with Dr. Murugesh Nirani, Hon’ble Large and Medium Scale Industries Minister of Karnataka today. They discussed a variety of topics related to boosting Renewable Energy sector in Karnataka. CMD, IREDA briefed him on the company’s […]
IREDA to finance 3,000 electric cars, Sanctioned loan of Rs. 268 crores to BluSmart Mobility – EQ Mag Pro
From the sanctioned loan of Rs. 267.67 crores, the first tranche of Rs. 35.70 has been disbursed by IREDA to the company. New Delhi: In a bid to promote electric vehicles in the Delhi-NCR region, Indian Renewable Energy Development Agency Ltd. (IREDA), the largest lender of the Renewable Energy sector in India, sanctioned a loan […]
IREDA inks MoU with CIPET for Solarization of CIPET academic campuses – EQ Mag Pro
Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET), to provide its techno-financial expertise for solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. The […]
IREDA signs MoU with MNRE, Govt. of India for the year 2021-22 – EQ Mag Pro
Indian Renewable Energy Development Agency Ltd. (IREDA) signed a Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, setting annual performance target for the year 2021-22. The MOU was signed by Shri Indu Shekhar Chaturvedi, Secretary, MNRE and Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA today […]
IREDA posts all-time high net profit of Rs 407 cr in Apr-Dec – EQ Mag Pro
The loan sanction stood at Rs 1,439.33 crore (Q3) against Rs 1,281.22 crore in same period a year ago. State-owned Indian Renewable Energy Development Agency (IREDA) on Monday posted the highest-ever net profit of Rs 407.09 crore for the nine months ended on December 31, 2021. “Indian Renewable Energy Development Agency (IREDA), a PSU under […]
IREDA Registers All-Time High PAT – EQ Mag Pro
Indian Renewable Energy Development Agency (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE), today announced audited financial results for 9 months ended 31st December 2021. The company has posted a total income from operations of Rs. 2,136.64. crore and Profit After Tax (PAT) of Rs. 407.09 crore for 9 months ended […]
IREDA and Goa Shipyard Ltd signs MoU for Rooftop Solar Power Projects – EQ Mag Pro
Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with Goa Shipyard Limited (GSL) to provide its techno-financial expertise to set-up a rooftop solar power project. The two companies are PSUs under the Ministry of New & Renewable Energy and the Ministry of Defence, respectively. The MoU was signed by […]
Cabinet approves infusion of Rs.1,500 crore in Indian Renewable Energy Development Agency Limited (IREDA) – EQ Mag Pro
Employment generation of approximately 10200 jobs-year and CO2 equivalent emission reduction of approximately 7.49 Million Tonnes CO2/year The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister, Shri Narendra Modi, today approved the equity infusion of Rs.1500 crore in Indian Renewable Energy Development Agency Limited (IREDA). This equity infusion will help in employment […]