21st Stakeholders’ Meet: IREDA Emphasizes Asset Quality and Good Governance

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) conducted its 21st Stakeholders’ Interaction Meet, chaired by Pradip Kumar Das, Chairman & Managing Director. The event saw active participation from borrowers across the renewable energy sector.

Key Highlights

• Pradip Kumar Das urged business partners to maintain asset quality, stressing that qualitative governance remains central to IREDA’s long-term vision.
• He welcomed the reduction of GST rates on renewable energy components from 12% to 5% by the GST Council, saying it will lower project costs and make clean electricity more affordable.

Organizational Strengthening

• IREDA has appointed nearly 80 domain experts and professionals to enhance leadership capacity and operational efficiency.
• Specialized divisions such as Entity Appraisal Division, Stressed Assets Management, and Monitoring Division have been set up to strengthen governance and operational efficiency.

Stakeholders’ Feedback

• Borrowers appreciated IREDA’s proactive approach and offered fresh suggestions to shape future initiatives, reaffirming the company’s role as a catalyst in achieving India’s renewable energy targets.