TAG: "IREDA"

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IREDA Forms JV with SJVN, GMR Energy and NEA to Develop 900 MW Hydropower Project in Nepal

IREDA has finalized a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydro-electric Project in Nepal. This strategic initiative aims to strengthen regional energy security and accelerate renewable energy growth.

IREDA | January 17, 2025 | By News Bureau 139

India Reaches 214 GW Renewable Energy Capacity in 2024: MNRE Minister Pralhad Joshi

In 2024, India added 27 GW of renewable energy capacity, reaching 214 GW total. The key achievements include solar growth, wind energy expansion, green hydrogen initiatives, and significant government schemes, accelerating progress towards the 500 GW non-fossil energy target by 2030.

IREDA | January 02, 2025 | By EI News Network 1018

IREDA Reports Stellar Growth for December 31, 2024 Quarter

As per provisional figures, IREDA sanctioned loans worth INR 31,087 crore in third quarter, marking an extraordinary 129 percent year-on-year (Y-o-Y) growth compared to INR 13,558 crore in the corresponding period last year.

IREDA | January 01, 2025 | By News Bureau 339

IREDA Sanctions INR 3000 Crore to Support Odisha’s 10 GW RE Target

Indian Renewable Energy Development Agency Ltd. (IREDA) has sanctioned over INR 3,000 crore for green energy projects in Odisha, supporting the state’s goal of achieving 10 GW renewable energy capacity by 2030, said CMD Pradip Kumar Das at the Odisha Solar Investor Conclave in Bhubaneswar.

IREDA | December 24, 2024 | By Mrinmoy Dey 539

GP Eco Solutions India Appoints 3 Distinguished Leaders to its Board

K.S. Popli, Dr. A.K. Jain, and Upendra Nath Tripathi's combined expertise in finance, technology, and innovation strengthens GP Eco Solutions India's resolve to deliver impactful renewable solutions.

IREDA | December 12, 2024 | By Abha Rustagi 483

IREDA Pushes Competitive RE Financing Solution During its 18th Stakeholders’ Meet

IREDA highlighted amendments to financing norms, including revisions to rebate structures, simplifications for MSMEs and smaller loans and a new fee structure to streamline the financing process during its 18th Stakeholders’ Meet.

IREDA | December 07, 2024 | By Mrinmoy Dey 635

SECI Invites INR 1,000 Crore Financing Proposal for 300 MW Solar Project in Andhra Pradesh

SECI has issued a INR 1,000 crore term loan proposal for a 300 MW solar project in Andhra Pradesh, part of India’s renewable energy expansion. The project, funded through debt and equity, supports India's net-zero emissions and energy goals.

IREDA | December 06, 2024 | By EI News Network 453

Pralhad Joshi Unveils 10 Battery-Operated Vehicles at Puri’s Jagannath Temple

This initiative, under the CSR program of the Indian Renewable Energy Development Agency Limited (IREDA), aims to promote eco-friendly mobility and improve accessibility for visitors, particularly benefiting senior citizens and divyangs at this revered heritage site.

IREDA | November 15, 2024 | By News Bureau 595

RE Projects Need Debt Financing at Competitive Rates Rather than Grants: IREDA CMD

IREDA CMD Pradip Kumar Das highlighted the need for competitive debt financing for renewable projects, offering IREDA's support to boost Bhutan’s renewable energy development at the Bhutan-India Renewable Energy Roundtable in Thimphu.

IREDA | October 28, 2024 | By Mrinmoy Dey 737

India Requires INR 285-345 Lakh Cr Investment by 2047 to Achieve Energy Independence: IREDA CMD

India will need an investment of INR 285-345 lakh crore by 2047 to achieve energy independence, said IREDA CMD Pradip Kumar Das at the CEA’s Brainstorming Conclave, highlighting vast opportunities in renewable energy financing.

IREDA | October 15, 2024 | By Mrinmoy Dey 810

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