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IREDA Wins 2nd Runner-Up Sustainability Award at ICMAI Green Awards 2024–25

IREDA Receives Kalpavriksha Award in the Mid-Cap Companies Category at Vigyan Bhawan, New Delhi, Recognising Its Commitment to Sustainability and Responsible Growth in Renewable Energy.
Indian Masterminds Stories

New Delhi: Indian Renewable Energy Development Agency Limited (IREDA) has secured the Second Runner-Up Sustainability Award in the Mid-Cap Companies category at the ICMAI Green Awards 2024–25. The award, presented under the Kalpavriksha Award category, recognises the organisation’s commitment to sustainability and responsible growth in the renewable energy sector.

The award ceremony was organised by the Sustainability Standards Board of the Institute of Cost Accountants of India (ICMAI) at Vigyan Bhawan, New Delhi. CMA Anand Kumar Pal, Chief Advisor (Cost), Department of Expenditure, Ministry of Finance, presented the award.

The recognition highlights IREDA’s continued focus on sustainability and its role in supporting India’s renewable energy sector.

IREDA Receives Kalpavriksha Award at ICMAI Green Awards 2024–25

IREDA received the Second Runner-Up position in the Mid-Cap Companies category at the ICMAI Green Awards 2024–25. The recognition, presented under the Kalpavriksha Award category, acknowledges the organisation’s commitment to sustainability and responsible business practices.

The award ceremony brought together representatives from ICMAI and other stakeholders to recognise achievements in sustainability.

Key details of the award include:

  • Award: Second Runner-Up Sustainability Award
  • Award category: Mid-Cap Companies
  • Award name: Kalpavriksha Award
  • Event: ICMAI Green Awards 2024–25
  • Organiser: Sustainability Standards Board of the Institute of Cost Accountants of India (ICMAI)
  • Venue: Vigyan Bhawan, New Delhi

Read also: IREDA CMD Dr Bijay Kumar Mohanty Inaugurates Cyber Security Awareness Month 2026

IREDA Officials Receive Award at Vigyan Bhawan

CMA Anand Kumar Pal, Chief Advisor (Cost), Department of Expenditure, Ministry of Finance, presented the award at the ceremony in New Delhi.

The award was received on behalf of IREDA by:

  • Bharat Singh Rajput, General Manager (Projects)
  • Kanchan Bhalla, Additional General Manager (Projects)
  • Other members of the IREDA team

The President and Vice President of ICMAI were also present on the occasion.

The participation of IREDA’s officials reflected the collective contribution of the organisation’s team towards advancing its sustainability objectives and supporting responsible growth in the renewable energy sector.

IREDA CMD Congratulates Team on Sustainability Achievement

Dr. Bijay Kumar Mohanty, Chairman and Managing Director (CMD) of IREDA, congratulated Team IREDA on receiving the recognition.

He acknowledged the achievement as a reflection of the organisation’s continued focus on sustainability and responsible growth in the renewable energy sector.

The award reinforces IREDA’s commitment to supporting India’s renewable energy ambitions while maintaining a focus on sustainable development and responsible institutional practices.

Recognition Strengthens IREDA’s Sustainability Commitment

The ICMAI Green Awards recognise organisations for their contributions to sustainability and responsible business practices. IREDA’s achievement in the Mid-Cap Companies category highlights its continued emphasis on sustainability within the renewable energy financing ecosystem.

The recognition also underscores the importance of integrating sustainability into organisational priorities as India advances its renewable energy transition.

Key highlights of the achievement include:

  • Recognition at the ICMAI Green Awards 2024–25.
  • Second Runner-Up position in the Mid-Cap Companies category.
  • Presentation of the Kalpavriksha Award at Vigyan Bhawan, New Delhi.
  • Continued emphasis on sustainability and responsible growth in renewable energy.

About IREDA

Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India enterprise under the Ministry of New and Renewable Energy (MNRE). Established in 1987, IREDA is a specialised non-banking financial institution that provides financial assistance for renewable energy and energy-efficiency projects. It plays an important role in financing India’s clean energy transition and supporting the expansion of sustainable energy infrastructure.

Read also: IREDA Signs Performance-Based MoU with MNRE for FY 2026-27 to Advance Renewable Energy Goals


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