IREDA Achieves ‘Excellent’ Rating from DPE, Ranked Among Top 4 CPSEs
Mumbai: Indian Renewable Energy Development Agency Ltd. (IREDA) has been recognized as a top performer among Power and NBFC sector CPSEs by the Department of Public Enterprises (DPE) for the annual performance MoU signed by the company for FY 2023-24. IREDA has achieved a score of 98 and above, ranking among the top 4 CPSEs in the country.
IREDA received the MoU ‘Excellent’ rating on January 7, 2025, for the fourth consecutive year for FY 2023-24. This achievement reflects the company’s team’s collective dedication and strategic vision to accelerate India’s renewable energy growth. IREDA’s leadership in green financing and commitment to nation-building by supporting innovative and sustainable energy solutions have been reaffirmed.
Pradip Kumar Das, Chairman & Managing Director, IREDA, expressed his delight on this significant accomplishment, saying, “We are immensely happy to be recognized as the best performing CPSE in the NBFC and Power sector, and to be among the top 4 CPSEs in the country with a score of 98 and above.” He congratulated Team IREDA for their stellar performance and expressed his gratitude to the Ministry of New and Renewable Energy, senior officials, and the Board of Directors for their support and guidance.
As the largest pure-play green financing NBFC in the country, IREDA continues to play a vital role in promoting renewable energy and sustainable development in India. This recognition is a testament to the company’s commitment to nation-building and its efforts to support innovative and sustainable energy solutions.
