https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IREDA Incorporates its Green Energy Finance Subsidiary in IFSC Gujarat

IREDA's CMD Pradip Kumar Das observed that the PSU's entry into the IFSC shall unlock fresh business prospects and establish its global footprint in the renewable energy sector
Indian Masterminds Stories

The Indian Renewable Energy Development Agency (IREDA) Limited incorporated a wholly owned subsidiary named ‘IREDA Global Green Energy Finance IFSC Limited’ in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat.

Mr. Pradip Kumar Das, Chairperson & Managing Director of IREDA, said that the PSU’s presence in GIFT City signifies a momentous step in its mission to pioneer innovative approaches to green financing. “This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding to drive the renewable energy sector’s growth, aligning with the Government of India’s ambitious ‘Panchamrit’ targets,” observed Mr. Das.

He further stated that IREDA’s entry into the IFSC shall unlock fresh business prospects and establish its global footprint in the renewable energy sector.


Indian Masterminds Stories
Related Stories
NEWS
NHAI logo
NHAI To Enhance Project Monitoring with Drone Technology for Transparency and Efficiency
IAS Khilli Ram Meena
IAS Khilli Ram Meena Succeeds IAS Renu Sharma As Chief Secretary of Mizoram
IAS Chandrabhushan Kumar
IAS Chandra Bhushan Kumar Appointed New Chief Secretary of Andaman & Nicobar Islands
Closeup of word on wooden cube on wooden desk background concept - Fraud
Retired IFS Officer Duped of Rs 11.70 Lakh by Fraudulent Pension Officer
IAS R Alice Vaz
IAS R Alice Vaz Appointed Chief Electoral Officer of Delhi Ahead of Assembly Elections
IAS
IAS Officers' Association Resolves to Uphold Rule-Based Governance
IAS Shruti
IAS Shruti Takes Interim Charge as Yamuna Authority CEO
GAIL PSU
Vedanta Aluminium Partners with GAIL for Cleaner Energy Transition
Videos
WhatsApp Image 2024-11-20 at 18.06
Hyderabad's Transformation From The City of Pearls to Cyberabad
IMG-20241118-WA0002
The Journey Behind Kathakar Ki Diary | Video Interview 
GP Singh
They Aren’t Criminals, But IPS Officers, Standing Up To Political Pressure
ADVERTISEMENT
Latest
IAS Manoj Kumar Singh
IAS Manoj Kumar Singh: Building a Stronger Uttar Pradesh with Visionary Leadership
NHAI logo
NHAI To Enhance Project Monitoring with Drone Technology for Transparency and Efficiency
ADVERTISEMENT
Videos
WhatsApp Image 2024-11-20 at 18.06
IMG-20241118-WA0002
GP Singh
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT