TAG: "IREDA CMD"

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Dr. Bijay Kumar Mohanty Assumes Additional Charge as IREDA CMD

Dr. Bijay Kumar Mohanty, Director (Finance) at IREDA, has been given additional charge as Chairman and Managing Director of IREDA for a period of three months following the retirement of Pradip Kumar Das.

IREDA CMD | July 01, 2026 | By Mrinmoy Dey | 739

IREDA CMD Stresses Role of Green Financing In Powering India’s Sustainable Future

Pradip Kumar Das, Chairman and Managing Director, IREDA, highlighted IREDA’s vital role in driving India’s clean energy transition, financing INR 33,148 crore in FY 2025-26 and advancing renewable, green hydrogen, and e-mobility initiatives.

IREDA CMD | November 08, 2025 | By EI News Network | 1829

IREDA Loan Book Reached INR 79,941 Cr in Q1 FY26 Growing at 29 Percent CAGR Since FY21: CMD

With over INR 2.49 lakh crore sanctioned and INR 1.63 lakh crore disbursed by Q1 FY26, IREDA continues to power India’s renewable energy transition, CMD Pradip Kumar Das affirmed at the company’s 38th AGM.

IREDA CMD | August 07, 2025 | By Mrinmoy Dey | 1539

CBDT Grants Section 54EC Tax Benefit Status to IREDA Bonds

The Central Board of Direct Taxes has notified bonds issued by IREDA as ‘long-term specified assets’ under Section 54EC of the Income-tax Act, enabling tax exemptions on capital gains for investors and boosting low-cost financing for renewable energy projects.

IREDA CMD | July 10, 2025 | By Mrinmoy Dey | 843

IREDA Raises INR 2,005.90 Crore Through QIP to Strengthen Green Financing Capacity

IREDA has raised INR 2,005.90 crore via QIP to boost renewable energy financing. The oversubscribed issue strengthens its capital base, enhancing its ability to fund India’s clean energy growth.

IREDA CMD | June 11, 2025 | By EI News Network | 1519

IREDA Rated 'Excellent' by DPE, Tops Power and NBFC Sector

REDA has earned an ‘Excellent’ rating from the Department of Public Enterprises for FY 2023-24, ranking among India’s top 4 CPSEs and No. 1 in the Power and NBFC sector.

IREDA CMD | May 22, 2025 | By EI News Network | 1527

IREDA Posts its Highest Ever PAT of INR 1,699 Cr in FY 2024-25

Indian Renewable Energy Development Agency (IREDA) has reported its highest-ever annual Profit After Tax of INR 1,699 crore for FY 2024-25, reflecting a 36 percent year-on-year growth. Revenue from Operations increased by 36 percent to INR 6,742 crore.

IREDA CMD | April 16, 2025 | By Mrinmoy Dey | 2467

India’s Energy Transition Requires INR 30-32 Lakh Crore Investments by 2030: IREDA CMD

India will need investments of INR 30–32 lakh crore by 2030 to achieve its energy transition goals, according to IREDA CMD Pradip Kumar Das, who emphasised the importance of strategic policy support and green finance reforms.

IREDA CMD | April 04, 2025 | By Mrinmoy Dey | 2107

IREDA Launches its First-Ever Perpetual Bonds to Raise INR 1,247 Crore

Indian Renewable Energy Development Agency (IREDA) has launched its first-ever Perpetual Bonds to raise INR 1,247 crore at an annual coupon rate of 8.40 percent to strengthen its Tier-I capital and support India’s green energy expansion.

IREDA CMD | March 20, 2025 | By Mrinmoy Dey | 1438

Pravasi Bharatiya Divas 2025: IREDA CMD Highlights Diaspora's Role in India’s Green Energy Transition

Indian Renewable Energy Development Agency’s (IREDA) CMD Pradip Kumar Das highlighted how the Indian diaspora can contribute in advancing global sustainability through investments, innovations, and collaborations in renewable energy and green technologies at Pravasi Bharatiya Divas 2025.

IREDA CMD | January 10, 2025 | By Mrinmoy Dey | 2059