TAG: "IREDA CMD"

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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 |  908

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 |  476

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 |  871

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 |  939

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 |  1590

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 |  1526

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 |  1063

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 |  1684

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 CMD | December 24, 2024 | By Mrinmoy Dey |  1496

Indo-German Collaboration Crucial in Building Sustainable Future: IREDA CMD

IREDA CMD Pradip Kumar Das emphasised Indo-German collaboration for a sustainable future, proposing measures like enhancing renewable energy supply chains, financing, innovation, and women's participation, at the Rising Rajasthan Global Investment Summit 2024.

IREDA CMD | December 11, 2024 | By Mrinmoy Dey |  1410

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