Shri Pradip Kumar Das, Chairman & Managing Director of IREDA, participated in a panel discussion at the 2nd International Conference on Green Hydrogen in Mumbai, focusing on 'Financing Green Hydrogen: Bridging the Cost Gap.' He highlighted IREDA's commitment to driving down project costs through innovative financing solutions, aligning green hydrogen with established renewable technologies. IREDA has financed its first green ammonia project, entered the green hydrogen domain, and plans to provide foreign-currency loans to developers to make green hydrogen more attractive in global markets. The recent provisional registration of IREDA's subsidiary as a finance company at GIFT City is set to further enhance the bankability of green hydrogen ventures. IREDA is also developing a standardized credit appraisal model to accurately assess risks and integrate them into interest rates, aiming to reduce project costs and ensure long-term project sustainability. The panel discussion, including distinguished industry leaders, underlined the importance of holistic solutions in building a green hydrogen financing ecosystem.