PSU Watch logo

| MNRE to infuse Rs 1,000 crore in SECI; plans to finance 3300 MW renewable energy projects |   | Govt relaxes rules, households need not install solar rooftop via listed vendors only |   | APTEL to hear Delhi Discoms plea to let them stop buying costlier power from NTPC’s Dadri I plant |   | Power plants staring at fresh coal shortage due to ‘bias’ |   | Arunachal Pradesh’s Sela tunnel project enters decisive phase: Defence Ministry |  
companies name

IREDA

Indian Renewable Energy Development Agency Limited (IREDA) is a Miniratna PSU under the Ministry of New and Renewable Energy (MNRE). It was established as a non-banking financial institution in 1987. IREDA engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency and conservation with the motto: “Energy for Ever.”

IREDA News

Huge responsibility, says IREDA CMD after equity infusion of Rs 1,500 Cr

Day after the Cabinet approved an equity infusion of Rs 1,500; IREDA CMD Pradip Kumar Das said that the Govt has given a huge responsibility and big role to IREDA to further enhance its strength....

Cabinet approves equity infusion of Rs 1,500 crore in IREDA

The Cabinet Committee on Economic Affairs (CCEA) has approved equity infusion of Rs 1,500 crore in Indian Renewable Energy Development Agency (IREDA)....

IREDA and THDC ink pact for green energy collaborations

IREDA has signed an MoU with THDC India Limited to provide its techno-financial expertise in developing renewable energy projects....

IREDA joins hands with BVFCL for green energy collaborations

IREDA has signed an MoU with BVFCL for providing its techno-financial expertise in developing renewable energy projects and fundraising on Tuesday....

IREDA registers all-time high net profit in H1 FY22

IREDA has posted total income from operations of Rs 684.80 crore and profit after tax (PAT) of Rs 110.27 crore for Q2 of FY22....

IREDA launches 'whistle blower' portal for vigilance awareness

Through IREDA's 'whistle blower' portal, employees can raise concerns related to fraud, corruption, abuse of power etc....

New record: IREDA disburses highest loan amount to a single promoter in one day

IREDA has set a record for the highest disbursement to a single group in one day by disbursing a loan amount of about Rs 1100 crores to Vector Green Energy....

IREDA to extend techno-financial expertise to NEEPCO for green energy projects

IREDA has signed a memorandum of understanding (MoU) with NEEPCO for providing its techno-financial expertise in developing renewable energy projects and fund-raising....

IREDA looking to grow its loan book to Rs 1.35 lakh crore by FY26: CMD

IREDA is aiming to grow its loan book five-fold from the current Rs 28,000 crore to Rs 1.35 lakh crore by FY26, said CMD Pradip Kumar Das at the company’s AGM....

IREDA 5GW CPSU scheme solar tender: These PSUs are winning bidders

NTPC Limited, SJVN, NLC India Ltd, IRCON and NHPC Ltd have emerged as winning bidders for a tender floated by IREDA under the CPSU scheme-II....

IREDA to launch IPO after Rs 1,500-cr capital infusion by govt: CMD

IREDA CMD Pradip Kumar Das has said that the company would launch an Initial Public Offer (IPO) after the infusion of Rs 1,500 crore by the government....

IREDA to support TANGEDCO in green energy projects, inks MoU

IREDA has signed an MoU with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO), for providing technical expertise in developing renewable energy projects and fundraising....

IREDA opens its fourth branch office in Bhubaneswar

IREDA has opened its fourth branch office in the country in Bhubaneswar, Odisha for the facilitation of its customer, borrowers, and other stakeholders....

IREDA celebrates 'Azadi Ka Amrit Mahotsav' with patriotic fervour

IREDA on Independence Day begun the celebration of ‘Azadi Ka Amrit Mahotsav’ as a part of 75 years of India’s independence celebration....

MNRE launches loan interest subvention scheme for waste-to-energy projects

On the occasion of World Biofuel Day, MNRE, in association with UNIDO & GEF, launched the loan interest subvention scheme for the demonstration of innovative industrial organic waste to energy Biomethanation projects and business models....

IREDA organises a focused training program for non-executive officials

A focused training program has been organised by IREDA for its Non-Executive officials in collaboration with AIHTM and ITDC....

COVID Vaccination: IREDA inoculates 176 peoples in its 2nd vaccination camp

The COVID Vaccination drive has been carried out for the safety of power sector personnel so that the critical need for uninterrupted power supply on a 24x7 basis is ensured....

IREDA expects five times growth in loan book by 2026: CMD PK Das

IREDA CMD PK Das has said that the PSU expects five times growth in its loan book from Rs 28,000 crores (approx.) to Rs 1,35,000 crores (approx.) by FY 2026....

Premier Energies' 1.5 GW solar cell, module manufacturing plant inaugurated

Telangana's Minister for Industries, and IT & Commerce KT Rama Rao has inaugurated a 1.5-GW solar cell and module manufacturing unit set up by Premier Energies at E-City in Hyderabad....

IREDA plans to launch IPO in 3rd quarter, says CMD PK Das

In a panel discussion organised by CII, IREDA CMD PK Das said that the IREDA is planning to launch IREDA IPO in the Q3 by December 2021....

Committed to ensuring access to affordable, reliable & green energy for all: IREDA CMD

While speaking in an international programme on 'Renewable Energy Management for Cooperatives,' IREDA CMD PK Das said IREDA is committed to ensuring access to affordable, reliable & green energy for all....

IREDA celebrates 7th International Day of Yoga

On the occasion of International Yoga Day 2021, IREDAian celebrated the day by performing performed Yoga Asanas under the guidance of a professional Yogacharya ....

IREDA invites bids from module manufacturers under Rs 4,500-crore Solar PLI scheme

IREDA has invited bids from solar module manufacturers for setting up solar manufacturing units under Solar PLI scheme; the last date for submission of the application is June 30 ....

IREDA extends bid submission for CPSU phase-II Solar project scheme to June 15

IREDA has extended the bid submission date to June 15 for the CPSU phase-II Solar project scheme meant for setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF) ....

World Environment Day: IREDA organises webinar on ‘Digital Platform for Bioenergy Supply Chain’

As a part of 'World Environment Day 2021' celebration, IREDA organised a webinar on ‘Digital Platform for Bioenergy Supply Chain’ for all its employees on Saturday ....

IREDA's massive growth reflects team work & Power Ministry's guidance: CMD PK Das

In his speech, IREDA CMD PK Das highlighted that work of IREDA did not suffer any pullbacks due to the lockdown and every IREDAian contributed by working from home using the IT systems ....

IREDA FY21 results: IREDA net profit goes up by 61%

In FY21, IREDA has posted a profit after tax (PAT) of Rs 346 crore as against Rs 215 crore in the previous financial year, registering a growth of 61 percent ....

IREDA invites applications for solar PV module manufacturing units under PLI scheme

IREDA has invited applications for setting up manufacturing facilities for high-efficiency solar PV modules under the PLI scheme ....

IREDA bags ‘Green Urja Award’ by Indian Chamber of Commerce

IREDA has been conferred with 'Green Urja Award' for being the leading public institution in financing institution for renewable energy this year by Indian Chamber of Commerce (ICC) ....

IREDA and NHPC launch joint COVID-19 vaccination drive for employees

IREDA and NHPC Limited in association with Apollo Hospital, Delhi on Friday commenced a two days free COVID-19 vaccination drive for 18-44 age group employees ....

IREDA to implement MNRE’s PLI scheme for high-efficiency solar PV modules

The government has released guidelines for the implementation of the PLI scheme for the manufacturing of high-efficiency solar PV modules in India ....

How will Budget 2021-mandated capital infusion aid SECI & IREDA?

The MNRE said that the additional capital infusion will enable SECI to float 15,000 MW of tenders annually and IREDA to extend additional loan facility of Rs 12,000 crore ....

Budget 2021 announces phased manufacturing plan for solar gear, raises import duty

In order to give a fillip to domestic manufacturing capacity, Finance Minister has announced a phased manufacturing plan for solar cell and modules in Budget 2021 ....

CSR: Balmer Lawrie inaugurates a non-profit cardiac ambulance at Silvassa

Balmer Lawrie has sponsored and implemented the services of a non-profit cardiac ambulance at Silvassa in association with DNH Medico Association under CSR ....

Manisha Saxena (IRS) assumes charge as CVO of IREDA

Manisha Saxena (IRS), who was serving as Commissioner in the Goods & Service Tax Commissionerate, Vadodara, has assumed charge as Chief Vigilance Officer (CVO) of IREDA on Monday ....

Two CVOs Bir Singh Negi (IDAS) & Arup Das (ITS) get additional charge of these PSUs

CVO of MMTC Ltd Bir Singh Negi (IDAS) has been given additional charge as CVO of IREDA, in another order Andrew Yule & Company Limited CVO Arup Das (ITS) has been given additional charge of Braithwaite, Burn & Jessop Construction Company Limited (BBJ) ....

SJVN joins hands with IREDA for green energy projects

IREDA has signed an MoU with SJVN under which IREDA will undertake techno-financial due diligence of renewable energy, energy efficiency & conservation projects for SJVN ....

Manisha Saxena (IRS) is new CVO of IREDA

The Government has approved the appointment of Manisha Saxena (IRS) as new Chief Vigilance Officer (CVO) of IREDA ....

IREDA hands over an AC mobile medical van to Samphia Foundation, Kullu

IREDA has provided an AC mobile medical van to Samphia Foundation, Kullu for serving children with disabilities ....

33rd AGM: IREDA's gross income jumps by 17% to Rs 2,372 cr in FY 2019-20

In the 33rd AGM, CMD Pradip Kumar Das said IREDA's gross income increased to Rs 2,372.38 crore, registering a growth of 17.32% during FY'20 ....

IREDA looks to raise Rs 2,406 crore revenue in FY 2020-21

The revenue target of Rs 2,406 crore has been set by the MNRE, along with other performance-related targets, under an MoU signed between the ministry and IREDA ....

IREDA is observing ‘Vigilance Awareness Week’

During the vigilance awareness campaign, various activities like vendors meet, workshops, speech competitions and quiz etc. are being organised  ....

Expansion: IREDA opens its third branch office in Mumbai

Indian Renewable Energy Development Agency Limited (IREDA) has opened its branch office in Mumbai for the facilitation of its customer, borrowers and other stakeholders. It is the third branch office of the company in the country ....

'Hindi Pakhwada' is being observed in IREDA

On the occasion of 'Hindi Diwas' IREDA's Chairman & Managing Director (CMD) Pradip Kumar Das released the bi-annual issue of E-magazine ‘Akshay Kranti’ ....

IREDA to provide SCADA at India International Centre. What is SCADA?

IREDA has signed a memorandum of agreement (MoA) with India International Centre (IIC) for providing Supervisory Control and Data Acquisition System (SCADA) at IIC ....

IREDA is observing Hindi Pakhwada 2019

IREDA is celebrating Hindi Pakhwada 2019 from September 14 to 29 in order to promote usage of Hindi among the employees of the organisation ....