IREDA

In this edition of Renewable Snapshot, we spotlight India’s growing focus on green hydrogen as a key enabler of industrial decarbonization. The National Green Hydrogen Mission aims to accelerate the adoption of clean hydrogen across hard-to-abate sectors such as steel, fertilizers and heavy transport, supporting the country’s broader transition towards a cleaner and more resilient energy future. #IREDA #RenewableSnapshot #GreenHydrogen #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

Greetings to @IREDALtd on the occasion of its 40th Foundation Day. Over the decades, IREDA has been instrumental in supporting #RenewableEnergy development and advancing India’s #CleanEnergy ambitions. Wishing the organisation continued success in powering a greener future.

𝐈𝐑𝐄𝐃𝐀 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞𝐬 𝟒𝟎𝐭𝐡 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐲, 𝐂𝐌𝐃 𝐄𝐦𝐩𝐡𝐚𝐬𝐢𝐬𝐞𝐬 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞, 𝐒𝐤𝐢𝐥𝐥𝐬 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 Indian Renewable Energy Development Agency Ltd. (IREDA) celebrated its 40th Foundation Day today at its Business Centre in New Delhi, marking 39 years of its journey in advancing renewable energy financing in India. Addressing employees through a virtual platform, Shri Pradip Kumar Das, Chairman & Managing Director, reflected on IREDA’s remarkable journey and acknowledged the contributions of employees, both past and present. He said the milestone belongs to every IREDAN who has helped build the institution with dedication, professionalism and integrity. Shri Das highlighted that the organisation’s journey has witnessed several ups and downs over the past 39 years, each offering valuable lessons. He emphasised that the last five to six years have been particularly transformative, marked not only by strong growth but also by significant improvements in systems, transparency and the highest standards of corporate governance. Emphasising the importance of human resources, CMD said that employees are IREDA’s greatest asset. He stressed the need for regular training and capacity-building programmes to further strengthen employees’ skills and capabilities, enabling them to contribute more effectively to the development of the renewable energy sector. He also noted that IREDA’s role is now expanding beyond India, with new global opportunities through IREDA Global Green Energy Finance IFSC Limited at GIFT City, strengthening the institution’s presence in international green financing. Sharing his vision for the future, Shri Das urged employees to continue focusing on good governance, professionalism, innovation and efficiency as the organisation enters the next phase of growth. Employees also shared their feedback and suggestions with the management during the interaction. The event was attended by senior officials including Dr. Bijay Kumar Mohanty, Director (Finance). CMD expressed gratitude to the Hon’ble Union Minister and Hon’ble Minister of State for New & Renewable Energy, Secretary, MNRE, Board of Directors and other Government of India agencies for their continued support in IREDA’s journey. #IREDA #FoundationDay #RenewableEnergy #GreenFuture #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia @JoshiPralhad @shripadynaik @PIB_India

IREDA advanced through February with strong execution and strategic focus, further strengthening its leadership in India’s clean energy financing ecosystem. The month reflected sustained business momentum and close alignment with MNRE national priorities, highlighting financial strength, governance discipline and operational excellence. Key developments included the Green Urja Award, expansion initiatives at GIFT City and an enhanced focus on MSMEs, broadening access to green finance and enabling wider participation in the energy transition. With a resilient portfolio and an expanding renewable footprint, IREDA continues to drive India’s low-carbon growth agenda. #IREDA #FebruaryWrapUp #EnergyForEver #RenewableEnergy #SustainableFinance #GreenGrowth #ViksitBharat @mnreindia

𝐈𝐑𝐄𝐃𝐀 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐖𝐨𝐦𝐞𝐧’𝐬 𝐃𝐚𝐲, 𝐏𝐫𝐨𝐦𝐨𝐭𝐞𝐬 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 Indian Renewable Energy Development Agency Limited (IREDA) celebrated International Women’s Day 2026 today in New Delhi with the theme “Give to Gain,” recognising the contributions of women in the renewable energy sector and encouraging them to lead the journey towards sustainable development. The event was graced by Ms. Anu Sethi, Director (HR), FEV India and a behavioural expert, as the Chief Guest. Shri Pradip Kumar Das, Chairman & Managing Director, IREDA and Dr. Bijay Kumar Mohanty, Director (Finance), along with senior officials, attended the celebration. Spouses and mothers of IREDA employees were also participated, making the occasion a celebration with the extended IREDA family. In his address, CMD appreciated the contributions of women employees to IREDA’s growth and highlighted the importance of gender diversity in strengthening governance, corporate values and institutional performance. He noted that women constitute around 23% of IREDA’s workforce, among the highest in CPSEs and urged men to follow the “3R– Recognise, Respect and Reflect” to promote women’s empowerment. Chief Guest Ms. Anu Sethi conducted an interactive session on mindfulness and meditation, sharing insights on achieving work-life balance. She emphasised that sustainable success comes from clarity, balance and inner stability. Addressing the gathering, Dr. Mohanty encouraged women employees to pursue excellence with confidence and cited inspiring examples of leading women who have made remarkable contributions in their respective fields. An open interaction session was also organised, where spouses of employees interacted with CMD. This marked the fourth consecutive year of IREDA’s organization-wide International Women’s Day celebrations, with active participation from both female and male employees, reflecting the company’s collective commitment to fostering workplace equality and inclusion. #LeadLikeHer #InternationalWomensDay #GiveToGain #NariShakti #IREDA #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

This International Women’s Day, IREDA celebrates the strength, leadership and vision of women who are contributing to India’s clean energy journey. Across roles and responsibilities, women at IREDA continue to drive progress, innovation and purpose; supporting the nation’s transition towards sustainable energy and the vision of a Viksit Bharat. We salute the spirit of Nari Shakti shaping a stronger and greener tomorrow. #LeadLikeHer #InternationalWomensDay #GiveToGain #NariShakti #IREDA #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

𝐂𝐨𝐧𝐭𝐞𝐬𝐭 𝐀𝐥𝐞𝐫𝐭 This Women’s Day, honour a woman who shaped your journey. Share a short note or poem on what she gave you that made a difference. Top 3 entries will be featured & win exciting prizes Submit by: 8 March 2026 Send your entries: corporatecommunications@ireda.in #LeadLikeHer #InternationalWomensDay #GiveToGain #NariShakti #ContestAlert #IREDA #EnergyForEver #OnceIREDAAlwaysIREDA

This Women’s Day, it’s time to honour the woman who helped you rise. Stay tuned for more details. #LeadLikeHer #InternationalWomensDay #GiveToGain #NariShakti #ContestAlert #IREDA #EnergyForEver #RenewableEnergy #ViksitBharat

This National Safety Day, IREDA stands committed to strengthening a safety-first mindset across the renewable energy ecosystem. From project financing to implementation, we believe that safe infrastructure and resilient systems are the foundation of India’s clean energy transition. #NationalSafetyDay #CleanEnergy #IREDA #SafetyFirstCulture #EnergyTransition #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

As we celebrate the vibrant festival of Holi, IREDA continues to strengthen India’s clean energy landscape financing progress, sustainability and growth. Wishing everyone a joyful and eco-friendly Holi. #Holi #RenewableEnergy #IREDA #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

Clean energy is more than a transition, it’s a responsibility. This World Wildlife Day, IREDA continues to support renewable energy projects that reduce carbon footprints and help safeguard ecosystems for generations to come. #WorldWildlifeDay #CarbonEmission #ClimateAction #EnergyForEver #OnceIREDAAlwaysIREDA #IREDA @mnreindia

Behind every sustainable solution lies a curious mind and a relentless pursuit of innovation. On National Science Day, we celebrate the scientists, researchers and innovators whose breakthroughs in renewable energy are powering a cleaner, greener and more resilient future for generations to come. #IREDA #NationalScienceDay #RenewableEnergy #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia

𝐈𝐑𝐄𝐃𝐀 𝐀𝐝𝐯𝐨𝐜𝐚𝐭𝐞𝐬 𝐄𝐧𝐚𝐛𝐥𝐢𝐧𝐠 𝐏𝐨𝐥𝐢𝐜𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐨 𝐒𝐜𝐚𝐥𝐞 𝐆𝐫𝐞𝐞𝐧 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐯𝐢𝐚 𝐆𝐈𝐅𝐓 𝐈𝐅𝐒𝐂 At a roundtable organized by the International Financial Services Centres Authority (IFSCA) in collaboration with the Ministry of New and Renewable Energy (MNRE), Shri Pradip Kumar Das, Chairman & Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), shared IREDA’s perspective on strengthening offshore capital mobilization for India’s Renewable Energy (RE) transition. The session was chaired by Shri Santosh Kumar Sarangi, IAS (Secretary, MNRE) and attended by an eminent panel of experts - Shri D.J. Pandian, IAS Retd. (Director General, New Development Bank); Shri J.V.N. Subramanyam, IAS (Joint Secretary, MNRE); Shri Dipesh Shah (Executive Director, IFSCA); Shri Ashish Khanna (Director General, International Solar Alliance) and senior representatives of investors, financial institutions and other key stakeholders. CMD, IREDA emphasised that the establishment of IREDA’s GIFT IFSC subsidiary was aimed at accessing diversified foreign currency resources and optimizing hedging costs, thereby enabling more competitive financing solutions for the RE sector. He underscored the importance of continuous alignment between regulatory frameworks and market expectations, particularly in areas such as capital adequacy norms and enabling sponsor support mechanisms, to further enhance investor confidence and improve capital flow efficiency. Shri Das also emphasized the importance of periodically reviewing and expanding the Harmonised Master List of Infrastructure Sub-Sectors to reflect emerging priority areas such as green hydrogen, ethanol and RE component manufacturing, enabling these sectors to access long-term infrastructure financing at scale. IREDA reiterated its commitment to working closely with regulators and stakeholders to deepen India’s sustainable finance ecosystem including through GIFT City. #IREDA #GIFTCity #GreenFinance #RenewableEnergy #EnergyTransition #SustainableFinance #ClimateAction #OnceIREDAAlwaysIREDA #EnergyForEver @mnreindia @JoshiPralhad @shripadynaik @GIFTCity_

In this edition of the Myth vs Fact content series, we debunk common misconceptions around renewable energy adoption among MSMEs and small businesses. As India accelerates its clean energy transition, supportive policies, growing solar capacity, and collaborative deployment models are enabling MSMEs to become active participants in building a sustainable and competitive economy. #IREDA #MythVsFact #MSME #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia @minmsme

𝐌𝐒𝐌𝐄𝐬 𝐚𝐫𝐞 𝐁𝐚𝐜𝐤𝐛𝐨𝐧𝐞 𝐨𝐟 𝐄𝐜𝐨𝐧𝐨𝐦𝐲, 𝐂𝐫𝐮𝐜𝐢𝐚𝐥 𝐟𝐨𝐫 𝐕𝐢𝐤𝐬𝐢𝐭 𝐁𝐡𝐚𝐫𝐚𝐭: 𝐂𝐌𝐃, 𝐈𝐑𝐄𝐃𝐀 𝐚𝐭 𝟐𝟐𝐧𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬’ 𝐌𝐞𝐞𝐭 Indian Renewable Energy Development Agency Ltd. (IREDA) today held its 22nd Stakeholders’ Interaction Meet at India International Centre, New Delhi, chaired by Shri Pradip Kumar Das, Chairman & Managing Director. The meet witnessed active participation from around 100 borrowers and business partners across the renewable energy value chain. The event began with a presentation on IREDA’s recent achievements, financial performance, key initiatives and an Action Taken Report on issues raised during the previous interaction. Participants engaged with the management on sectoral issues, policy updates and financing norms. Addressing the gathering, Shri Das underscored the importance of maintaining asset quality and highest standards of corporate governance as key to IREDA’s long-term sustainability. Responding to queries related to interest rates, he said the organisation’s approach is to mobilise funds from the lowest possible cost sources and pass on the benefit to developers. The approach is aligned with RBI and other regulatory guidelines and aims to support faster growth of the renewable energy sector in line with the Government of India’s vision. Emphasising support for MSME developers, CMD noted that MSMEs are the backbone of the economy and their participation is essential to realise the Viksit Bharat vision by 2047. He further said MSMEs must exhibit good and qualitative corporate governance to enable lenders to support them with financing at a lower cost. He also highlighted that IREDA has strengthened its manpower across all levels- entry, middle and senior management from multiple CPSEs, banks and private companies, including Executive Trainees from leading campuses, to enhance leadership capacity and operational efficiency. CMD and senior officials responded to stakeholders’ queries. The meet concluded with a vote of thanks by Dr. Bijay Kumar Mohanty, Director (Finance). #IREDA #MSMEs #ViksitBharat2047 #CleanEnergy #GreenFinance #EnergyTransition #EnergyForEver #OnceIREDAAlwaysIREDA @mnreindia @JoshiPralhad @shripadynaik

Clean energy is now a reality for 30 lakh households. Under the leadership of Hon’ble PM Shri @narendramodi Ji, @PMSuryaGhar Muft Bijli Yojana is lighting homes and lowering bills. #30LakhsPMSuryaGhar #PMSuryaGhar #IREDA @mnreindia @JoshiPralhad @shripadynaik @PIB_India

30 lakh households are now benefitted by solar energy through @PMSuryaGhar Muft Bijli Yojana. Under the leadership of Hon’ble PM Shri @narendramodi Ji, India’s clean energy revolution is transforming lives at scale. #30LakhsPMSuryaGhar #PMSuryaGhar #IREDA @mnreindia @JoshiPralhad @shripadynaik @PIB_India