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IREDA holds strategy meet to devise roadmap for next 5 years

PSU Watch Bureau

New Delhi: State-run IREDA organised a strategy meet on Saturday at SCOPE Complex to discuss the PSU's roadmap for the current year and the next five years. Indian Renewable Energy Development Agency's (IREDA) strategy meet was also attended by Ministry of New and Renewable Energy (MNRE) Secretary Bhupinder Singh Bhalla (an IAS of the 1990 batch).

At the outset, IREDA CMD Pradip Kumar Das welcomed the MNRE Secretary and expressed his gratitude to him for taking out his valuable time and addressing IREDA officials during the strategy meet. He added, "IREDA has set a benchmark among NBFC and other mainstream bankers in Renewable Energy space. The Strategy Meet will help devise a strategic roadmap, re-align the company's vision and identify bottlenecks, gaps, etc, towards not only the achievement of the targets set by the MNRE but also speed up the RE development in the country in order to reach the government of India's target of 500 GW of installed capacity through non-fossil fuels by 2030."

Speaking on the occasion Bhalla said, "IREDA Is the Numero Uno in Renewable Financing." He motivated IREDA officials to continue learning to keep themselves abreast with the latest offerings in the Renewable Energy space and come out with suggestions and innovative measures for New & Renewable Energy development.

The strategy meet was attended by Director (Technical), IREDA and other officials from Technical, Legal, Finance, Risk and IT Dept. The strategy meet was followed by a masterclass webinar on 'Wind Energy' by Lars Holm, a Boston Consulting Group (BCG) expert, on wind energy. BCG is the Knowledge Partner for IREDA.

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