https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IREDA CMD Emphasises Role of Renewables in Achieving “net-zero target”

Mr. Das noted that this strategic shift is essential for accelerating the growth of the renewable energy sector, driving India towards its vision of a "Viksit Bharat" (Developed India) by 2047
Indian Masterminds Stories

The Chairman and Managing Director (CMD) of Navaratna PSU Indian Renewable Energy Development Agency Limited (IREDA), Mr. Pradip Kumar Das, emphasized the vital role of renewable energy in India’s efforts to establish a net-zero power sector. Speaking at the 23rd India Power Forum 2024, he urged lenders to adopt a more customer-centric and sector-focused approach, highlighting the need for timely financial solutions and innovative offerings tailored to the renewable energy industry.

Mr. Das noted that this strategic shift is essential for accelerating the growth of the renewable energy sector, driving India towards its vision of a “Viksit Bharat” (Developed India) by 2047 and achieving its net-zero target by 2070. He also stressed the importance of emerging renewable technologies such as Green Hydrogen, Offshore Wind, and E-Mobility, which will play a key role in realizing these ambitious goals.

According to Das, India will need an estimated investment of around Rs 32 lakh crore in the renewable energy sector by 2030 to meet its targets. The immediate focus will be on ramping up renewable energy generation, while the period from 2031 to 2047 will shift towards developing the infrastructure necessary for a fully decarbonized economy. This approach will create a sustainable pathway to a “Viksit Bharat” by 2047 and ensure a resilient transition to net-zero emissions by 2070.

“Decarbonization is not only vital for combating climate change but also essential for securing the future of upcoming generations,” Das stated. “By embracing clean energy, India can unlock new economic opportunities and enhance its long-term energy security.”


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IPS Officer Indian Police Services
Senior IPS Officer Yogesh Gupta Files CAT Petition Against Kerala Government Over Career Obstruction
Coal-Production-resized
India’s Coal Production Dips Slightly in First Five Months of FY, Govt Focuses on Stability
Bank of Baroda
‘bob Aspire’ by Bank of Baroda: Pre-Departure NRE Savings Account with Lifestyle Benefits for Young NRIs
bihar cabinet
Bihar Govt Allocates ₹594 Crore for Panchayat Bills and ₹100 Crore for Solar Street Lights to Enhance Rural Economy
Madhya Pradesh Logo IM
After 2-Year Delay, 16 State Officers Promoted to IAS in Madhya Pradesh; 68 Posts Still Vacant in Cadre
Railtel
RailTel Shares Surge Over 4% After Bagging ₹396 Crore Bihar Education Project Orders for ICT Labs and Smart Classrooms
IAS Officers Indian Administrative Services IAS logo
Delhi Govt Transfers Top IAS Officers in Major Reshuffle; Prashant Goyal, Vijay Bidhuri Among Key Appointments
K Rammohan Naidu aviation safety review
Civil Aviation Minister K Rammohan Naidu Holds Safety Review with Airlines, Focus on Passenger Services
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
How Modern Forensics Helps Police Solve Crimes – IPS Officer Shikha Goel Explains | Video Interview
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Medha Roopam
IAS Medha Roopam’s Inspiring Dedication in Flood-Hit Noida Goes Viral: Focuses on Relief, Education Amid Heavy Rains
Books in One Hand, Umbrella in Other: Noida DM Medha Roopam Leads Flood Relief from the Front
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IPS Officer Indian Police Services
Senior IPS Officer Yogesh Gupta Files CAT Petition Against Kerala Government Over Career Obstruction
Coal-Production-resized
India’s Coal Production Dips Slightly in First Five Months of FY, Govt Focuses on Stability
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
ADVERTISEMENT
ADVERTISEMENT