IREDA hosted a Speech Competition focused on #integrity, #transparency, and #accountability to celebrate Vigilance Awareness Week. The platform encouraged voices across our organization to speak up for ethical practices and strengthen our commitment to a corruption-free work culture. #VigilanceAwarenessWeek #EthicsInAction #VigilanceAwareness2024 #IntegrityForProsperity #IREDA #TransparencyMatters Ministry of New and Renewable Energy (MNRE)
About us
Indian Renewable Energy Development Agency Ltd Indian Renewable Energy Development Agency Limited (IREDA) was established on 11th March, 1987 as a Public limited Government Company under the Companies Act, 1956 and it promotes, develops and extends financial assistance for Renewable Energy and Energy Efficiency/Conservation Projects. IREDA has been notified as a “Public Financial Institution” under section 4 ‘A’ of the Companies Act, 1956 and registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India (RBI). IREDA’s mission is “Be a pioneering, participant friendly and competitive institution for financing and promoting self-sustaining investment in energy generation from Renewable Sources, Energy Efficiency and Environmental Technologies for sustainable development.” IREDA’s Motto is “Energy for Ever.”
- Website
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http://www.ireda.in
External link for IREDA Ltd.
- Industry
- Financial Services
- Company size
- 51-200 employees
- Type
- Public Company
- Founded
- 1987
- Specialties
- Valuations
Locations
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Primary
Employees at IREDA Ltd.
Updates
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IREDA stands firm in fostering a culture of ethics and accountability. This Vigilance Awareness Week, we renew our commitment to combat corruption and promote transparency, responsibility, and courage in all our actions. Let us work together to uphold these values for a fair and corruption-free future. #VigilanceAwarenessWeek #EthicsInAction #VigilanceAwareness2024 #IntegrityForProsperity #IREDA #TransparencyMatters Ministry of New and Renewable Energy (MNRE)
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𝐕𝐢𝐠𝐢𝐥𝐚𝐧𝐜𝐞 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐖𝐞𝐞𝐤: 𝐂𝐌𝐃 𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐞𝐫𝐬 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐏𝐥𝐞𝐝𝐠𝐞 𝐭𝐨 𝐈𝐑𝐄𝐃𝐀 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 Indian Renewable Energy Development Agency Limited (IREDA) marked the commencement of “Vigilance Awareness Week 2024” today with an integrity pledge administered by Shri Pradip Kumar Das, Chairman & Managing Director, and Dr. Bijay Kumar Mohanty, Director (Finance) to all employees. The theme for this year, "Culture of Integrity for Nation’s Prosperity”. CMD joining from Bhutan virtually, highlighted IREDA’s commitment to fostering integrity, stating, "By nurturing a culture of integrity, we invest in a future where our organization is recognized for its ethical excellence and adherence to the highest standards of corporate governance." He also urged all employees to embrace this year’s theme, emphasizing that integrity strengthens the nation and contributes to IREDA's growth and success. Shri Ajay Kumar Sahani, Chief Vigilance Officer, encouraged all employees to actively participate in Vigilance Awareness Week from 28th October to 3rd November. Various events, including workshops, seminars, and competitions to be organized, reinforce the importance of integrity. #IREDAForIntegrity #VigilanceAwareness2024 #IntegrityForProsperity #EndCorruption #IREDA #TransparencyMatters Ministry of New and Renewable Energy (MNRE)
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𝐁𝐡𝐮𝐭𝐚𝐧-𝐈𝐧𝐝𝐢𝐚 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐑𝐨𝐮𝐧𝐝𝐭𝐚𝐛𝐥𝐞: 𝐂𝐌𝐃, 𝐈𝐑𝐄𝐃𝐀 𝐏𝐫𝐨𝐦𝐨𝐭𝐞𝐬 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 Shri Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), represented India in a critical discussion on “Access to Financing for Renewable Energy Projects,” at the Bhutan-India Renewable Energy Roundtable held today in Thimphu. The event, organized by the Government of India in collaboration with the Government of Bhutan, provided a platform for fostering renewable energy cooperation between the two nations. Shri Das assured that IREDA stands ready to extend support to Bhutan’s renewable energy initiatives within the regulatory framework of the Reserve Bank of India (RBI) and the Ministry of New and Renewable Energy (MNRE), Government of India. He highlighted IREDA’s commitment to a 360-degree evaluation approach for project funding, ensuring robust and sustainable financing options. Emphasizing competitive interest rates and maximum long-term loan tenures, Shri Das noted that IREDA's experience in the sector could significantly enhance Bhutan’s renewable energy growth trajectory. He also recommended rooftop solar as a potential development area along with Bhutan’s established Hydro power capabilities, underscoring that renewable energy projects today require debt financing at competitive rates rather than grants. Shri Das further emphasized that with large Hydro power now classified as renewable energy, IREDA can finance large Hydro power projects to support Bhutan's clean energy goals. Shri S.K. Dey, General Manager (Projects) IREDA, also participated in the session titled “Role of Solar Energy in Energy Mix.” During the discussion, he highlighted the importance of blended financing for the development of solar projects in Bhutan. Ministry of New and Renewable Energy (MNRE) Confederation of Indian Industry #BhutanIndiaRenewableRoundtable #GreenEnergy #India #Bhutan #RenewableEnergy #Sustainablity #MNRE #Hydro #Solar #RenewableEnergyGrowth
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We are nurturing a culture grounded in Integrity, accountability, and transparency. Join IREDA’s movement for “सत्यनिष्ठा की संस्कृति से राष्ट्र की समृद्धि” – because a Culture of Integrity is the foundation of our Nation's Prosperity. Let’s commit to building a future where ethics drive progress. Stand with us this Vigilance Awareness Week! #IREDAForIntegrity #VigilanceAwareness2024 #IntegrityForProsperity #EndCorruption #IREDA #TransparencyMatters Ministry of New and Renewable Energy (MNRE)
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Witness how IREDA contributes to every facet of the renewable sector, fueling India’s clean energy transformation and providing the financial strength behind the nation’s green energy ambitions. #EnergyForEver #IREDAForGreenIndia #IREDAForSustainability #GreenEnergyTransformation #RenewableGrowth Ministry of New and Renewable Energy (MNRE)
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A workplace where sustainability meets innovation, our commitment to a greener India begins with a digital transformation to wellness initiatives, our green vision starts within. #EnergyForEver #IREDAForGreenIndia #SustainableWorkplace #LifeAtIREDA #GreenIndia #WorkplaceWellness #GreenWorkplace Ministry of New and Renewable Energy (MNRE)
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𝐂𝐌𝐃, 𝐈𝐑𝐄𝐃𝐀 𝐄𝐦𝐩𝐡𝐚𝐬𝐢𝐳𝐞𝐬 𝐑𝐨𝐥𝐞 𝐨𝐟 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞𝐬 𝐢𝐧 𝐀𝐜𝐡𝐢𝐞𝐯𝐢𝐧𝐠 𝐍𝐞𝐭 𝐙𝐞𝐫𝐨 𝐓𝐚𝐫𝐠𝐞𝐭 Shri Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), today stressed the pivotal role of renewable energy in India's journey towards creating a net-zero compliant power sector. Speaking at the 23rd India Power Forum 2024, Shri Das called on lenders to adopt a more customer-centric and sector-focused approach, emphasizing the need for timely financial solutions and innovative offerings tailored to the renewable energy sector. He highlighted that this strategic shift is crucial to accelerating the growth of the renewable energy sector, driving India towards its vision of a "Viksit Bharat" by 2047 and achieving its net-zero target by 2070. Shri Das also underlined the significance of emerging renewable technologies such as Green Hydrogen, Offshore Wind, and E-Mobility, noting that they will also play a central role in reaching these ambitious goals. Shri Das pointed out that India will require an estimated investment of approximately ₹32 lakh crore in the renewable energy sector by 2030 to meet its targets. This phase will focus on ramping up renewable energy generation to meet immediate needs. From 2031 to 2047, the focus will shift towards developing the necessary infrastructure to support a fully decarbonized economy, creating a strong and sustainable pathway to a "Viksit Bharat" (Developed India) by 2047. This roadmap will ensure a resilient and sustainable transition to net-zero emissions by 2070. "Decarbonization is not just essential for addressing climate change, but it is also crucial for securing our future generations," Shri Das said. "By adopting clean energy, India has the opportunity to unlock new economic avenues and strengthen its energy security for the long term." #RenewableEnergy #NetZero #IndiaNetZero #ViksitBharat2047 #SustainableEnergy #EnergyTransition #IREDA Ministry of New and Renewable Energy (MNRE)
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Watch how IREDA is transforming India’s energy landscape and creating a sustainable impact. #EnergyForEver #IREDAForGreenIndia #RenewableEnergy #GreenInnovation #SustainableEnergySolutions #CleanEnergyIndia #PoweringProgress #IREDAImpact #GreenEnergyRevolution Ministry of New and Renewable Energy (MNRE)
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As IREDA leads the charge in green financing, let’s focus on a story of innovation and commitment that is making a transformative impact on India’s energy landscape. Stay tuned for more insights on how we are shaping a sustainable future with the IREDA For Green India campaign! #IREDAForGreenIndia #GreenFinancing #SustainableFuture #TransformingEnergy #EnergyForEver Ministry of New and Renewable Energy (MNRE)