TAG: "Pradip Kumar Das"

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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.

Pradip Kumar Das | April 16, 2025 | By Mrinmoy Dey | 340

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.

Pradip Kumar Das | April 04, 2025 | By Mrinmoy Dey | 808

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.

Pradip Kumar Das | March 20, 2025 | By Mrinmoy Dey | 447

Shareholders Approve IREDA’s Proposal to Raise INR 5,000 Crore Through QIP

IREDA shareholders have approved raising up to INR 5,000 crore through QIP in multiple tranches, supporting green financing and India's clean energy goals. The move will include dilution of government stake in the company by up to 7 percent.

Pradip Kumar Das | February 25, 2025 | By Mrinmoy Dey | 404

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.

Pradip Kumar Das | January 10, 2025 | By Mrinmoy Dey | 1125

IREDA Registers 45 Percent Growth in Loan Sanctions in Q3 FY25, Disbursements Grew by 25.27 Percent

Indian Renewable Energy Development Agency (IREDA) has reported a 45.01 percent growth in loan sanctions for Q3 FY2024-25, reaching INR 13,226.81 crore, alongside a 25.27 percent rise in loan disbursements and robust improvements across revenue, profit, and loan book metrics.

Pradip Kumar Das | January 10, 2025 | By Mrinmoy Dey | 524

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.

Pradip Kumar Das | December 24, 2024 | By Mrinmoy Dey | 991

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.

Pradip Kumar Das | December 11, 2024 | By Mrinmoy Dey | 931

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.

Pradip Kumar Das | December 07, 2024 | By Mrinmoy Dey | 919

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.

Pradip Kumar Das | October 28, 2024 | By Mrinmoy Dey | 1001