TAG: "Pradip Kumar Das"

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S&P Upgrades IREDA’s Long-Term International Credit Rating to ‘BBB’ with Stable Outlook

Indian Renewable Energy Development Agency has received an upgrade in its long-term issuer credit rating from S&P Global Ratings to ‘BBB’ with a Stable Outlook, aligning it with India’s sovereign rating.

Pradip Kumar Das | October 28, 2025 | By Mrinmoy Dey 1194

IREDA Announces Financial Results for Q2

The Board of Directors has approved the audited financial results. IREDA has registered significant YoY growth across key financial metrics. The company’s expanding loan book, rising net worth and consistent profitability underscore its strategic focus and commitment to supporting India’s renewable energy ambitions.

Pradip Kumar Das | October 14, 2025 | By News Bureau 1001

MoS Power and MNRE Shripad Naik Inaugurates IREDA’s 45 kW Solar CSR Project for Goa Water Supply

Union Minister of State for Power and New and Renewable Energy Shripad Naik has inaugurated a 45 kW on-grid solar power system at a water pumping station in North Goa under IREDA’s CSR initiative.

Pradip Kumar Das | October 06, 2025 | By Mrinmoy Dey 418

IREDA Commissions Sewage Treatment Plant at India International Centre to Generate Clean Energy

IREDA has commissioned a 25 KLD sewage treatment plant at the India International Centre in New Delhi under its CSR initiative, aimed at producing clean energy from waste and promoting sustainable urban infrastructure.

Pradip Kumar Das | September 19, 2025 | By Mrinmoy Dey 706

IREDA Raises INR 453 Crore Via Perpetual Bonds

Indian Renewable Energy Development Agency has raised INR 453 crore at 7.70 percent through its second issue of Perpetual Bonds, oversubscribed 2.69 times, to strengthen Tier-I capital and boost renewable energy financing.

Pradip Kumar Das | September 12, 2025 | By Mrinmoy Dey 443

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.

Pradip Kumar Das | August 07, 2025 | By Mrinmoy Dey 906

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.

Pradip Kumar Das | July 10, 2025 | By Mrinmoy Dey 475

IREDA Posts Strong Q1 Growth, Disbursements Up 31 Percent, Loan Book Expands 27 Percent

IREDA registered a notable rise in its key financial indicators for the first quarter ending June 30, 2025, based on provisional data.

Pradip Kumar Das | July 01, 2025 | By Abha Rustagi 656

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.

Pradip Kumar Das | June 11, 2025 | By EI News Network 867

IREDA CMD Pradip Kumar Das Addresses 62nd ICMAI Convention in Bhubaneswar

Pradip Kumar Das, Chairman and Managing Director, Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the 62nd National Cost and Management Accountants' Convention, organized by the Institute of Cost Accountants of India (ICMAI) at SOA University, Bhubaneswar, Odisha.

Pradip Kumar Das | May 26, 2025 | By News Bureau 836

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