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Leadership Updates: IREDA Appoints Manoneet Dalal as Independent Director for Three Years

Legal and financial professional with over 20 years of experience in taxation, finance, legal advisory and public policy joins IREDA’s Board.
Indian Masterminds Stories

New Delhi: The Indian Renewable Energy Development Agency Limited (IREDA) has appointed Manoneet Dalal as a Non-Official Director (Independent Director) on its Board for a period of three years.

The appointment was conveyed by the Ministry of New and Renewable Energy (MNRE) through an order dated August 18, 2026. IREDA’s Board subsequently approved his appointment through a resolution passed by circulation on the same day.

His tenure will be for three years with effect from August 18, 2026, or until further orders, whichever is earlier.

Manoneet Dalal Appointed as IREDA Independent Director

The appointment is expected to strengthen IREDA’s Board with expertise spanning legal, financial and public policy matters.

Key details of the appointment:

  • Name: Mr. Manoneet Dalal
  • Position: Non-Official Director (Independent Director)
  • Organisation: IREDA
  • Tenure: Three years
  • Effective from: August 18, 2026
  • Appointing authority: Ministry of New and Renewable Energy
  • End of tenure: Three years or until further orders, whichever is earlier

The appointment was formally ratified by IREDA’s Board through a resolution passed through circulation.

Read also: IREDA CMD Bijay Kumar Mohanty Honoured with CSR Lifetime Achievement Award at BridgeBharat 2026

Manoneet Dalal Brings Over 20 Years of Professional Experience

Mr. Manoneet Dalal is a legal and financial professional with more than two decades of experience across several areas.

His professional expertise includes:

  • Taxation
  • Financial consulting
  • Legal advisory
  • Public administration
  • Technology
  • Public policy research
  • International trade law

His diverse experience is expected to contribute to IREDA’s strategic decision-making and corporate governance.

Educational Background of Manoneet Dalal

Dalal has a strong academic background in law.

He holds an LL.M. from the National Law School of India University (NLSIU), Bengaluru, and a B.A. LL.B. (Hons.) from Kurukshetra University.

His academic and professional experience covers taxation, financial matters and international trade law.

Dalal Currently Serves as Director at Hexa Advisors

Mr. Manoneet Dalal currently serves as a Director at Hexa Advisors Limited, an advisory firm specialising in financial modelling, valuation and cross-border transaction advisory.

Earlier, he held senior positions at leading professional services firms, including:

  • Deloitte Haskins & Sells
  • Ernst & Young

He has also contributed to public policy research and authored several books and research papers on taxation and international trade law.

Appointment to Strengthen IREDA’s Governance

With his experience in finance, taxation, legal advisory and cross-border transactions, Dalal is expected to bring a broad professional perspective to IREDA’s Board.

His expertise could support the organisation’s strategic direction and governance as IREDA continues to play a key role in financing and supporting India’s renewable energy sector.

About IREDA

Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India Navratna PSU under the Ministry of New and Renewable Energy. Established in 1987, IREDA is a specialised financial institution focused on financing and promoting renewable energy and energy-efficiency projects. The company provides financial assistance for projects across areas such as solar, wind, hydro, bioenergy and other clean energy segments.

Read also: IREDA FY26 Results: Net Profit Rises 10% to ₹1,873 Crore, Total Dividend at ₹1.35 Per Share


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