In a detailed discussion with Business Today TV, Pradip Kumar, the CMD of the Indian Renewable Energy Development Agency Ltd. (IREDA), sheds light on the company's performance, strategies, and the changing landscape of renewable energy financing in India. IREDA is venturing into emerging demand areas such as bio-energy, e-mobility, energy storage, green hydrogen, and larger hydro projects to boost renewable energy growth. The government's funding support is expected to drive these segments forward. Financially, IREDA has witnessed remarkable growth, with a notable rise in net worth, aided by equity injections and plans for additional fundraising through QIP and engagement with green investors. The agency's emphasis on lowering borrowing costs, coupled with strong corporate governance, aims to build trust and attract sustainable investments. Looking to the future, the renewable energy industry is on track for expansion, propelled by the government's emphasis on green energy and the increasing adoption of sustainable technologies. IREDA's focus on effective project monitoring, competitive funding approaches, and promoting innovation, especially in green hydrogen, is in line with the industry's overarching objectives. Despite challenges related to project viability and cost management in the face of new technologies and global economic uncertainties, the sector remains optimistic. This conversation sheds light on the evolving dynamics of renewable energy financing in India and provides insight into the prospects for FY25 and beyond.