Indian Renewable Energy Development Agency Limited (IREDA) held its 18th Stakeholders’ Interaction Meet, chaired virtually by CMD Mr. Pradip Kumar Das. The event gathered borrowers across renewable energy sectors to discuss progress, challenges, and strategies for the future.
Highlighting IREDA’s achievements, Mr. Das pointed to significant strides in ease of doing business and access to low-cost funding in the first half of FY 2024-25. He emphasized the agency’s record-breaking publication of Q2 financial results within ten days, setting a benchmark for CPSEs in banking and NBFCs. Stakeholder compliance with reporting and timely dues clearance was urged to maintain IREDA’s credit strength.
Key updates included revised rebate structures, simplified processes for MSMEs, and a new fee structure to streamline financing. An Action Taken Report (ATR) from the previous meet was presented, showcasing measures to improve borrower engagement.
Participants shared valuable feedback, guiding future initiatives. Senior officials, including Director (Finance) Dr. Bijay Kumar Mohanty, reaffirmed IREDA’s commitment to achieving renewable energy goals and fostering collaboration for sustainable growth.
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