IREDA's Vision for Green Energy: Achievements in 2024 and Goals for 2025
Key Ideas
- IREDA's CMD highlighted the organization's success in renewable energy financing, particularly in Green Ammonia and Hydropower projects.
- Plans for 2025 include establishing subsidiaries for promoting Green Hydrogen and expanding into B2C renewable energy markets.
- Financial performance in Q3 FY 2024-25 showed significant growth in sanctions, disbursements, and outstanding loan book.
- Key milestones in 2024, such as Navratna status and international rating, positioned IREDA as a top wealth creator in India's green energy sector.
IREDA's Chairman and Managing Director, Pradip Kumar Das, addressed employees via video conferencing, highlighting the organization's success in renewable energy financing in 2024 and setting strategic goals for 2025. Das emphasized IREDA's support for Green Ammonia, Hydropower projects, and decentralized solar initiatives. Plans for growth include setting up subsidiaries for promoting Green Hydrogen and expanding into B2C renewable energy markets. Financially, IREDA saw a surge in sanctions, disbursements, and outstanding loan book in Q3 FY 2024-25. Key achievements in 2024, like attaining Navratna status and international recognition, have positioned IREDA as a leading wealth creator in India's green energy sector. Das thanked the Ministry of New & Renewable Energy and employees for their contributions, encouraging continued innovation in India's green energy mission.
Topics
Green Hydrogen
Renewable Energy
Innovation
Financial Performance
Government Support
Growth Strategy
Green Technologies
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