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IREDA Earns ‘Excellent’ Rating for Fourth Consecutive Year with 98.24 Score in FY 2023-24

IREDA achieved an ‘Excellent’ rating for FY 2023-24 with a score of 98.24, marking its fourth consecutive year of top performance and demonstrating its commitment to India’s renewable energy goals.
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Indian Renewable Energy Development Agency Limited (IREDA) has secured an ‘Excellent’ rating for its performance MoU with the Ministry of New & Renewable Energy (MNRE) for FY 2023-24, achieving an impressive score of 98.24. This marks the fourth consecutive year IREDA has received this top rating, reflecting its steadfast commitment to operational excellence and sound corporate governance.

In the preceding three years, IREDA consistently delivered remarkable results, earning ‘Excellent’ ratings with scores of 93.50 in FY 2022-23, 96.54 in FY 2021-22, and 96.93 in FY 2020-21. These achievements highlight the agency’s dedication to advancing India’s renewable energy goals.

Commenting on this milestone, IREDA CMD Pradip Kumar Das credited the success to the relentless efforts of employees, support from stakeholders, and the government’s guidance. “This achievement underscores our commitment to accelerating India’s green energy transition,” he said. He also expressed gratitude to Union Minister Pralhad Joshi, Minister of State Shripad Naik, MNRE Secretary Prashant Kumar Singh, senior officials, and the Board of Directors for their invaluable support.


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