World Environment Day: IREDA organises webinar on ‘Digital Platform for Bioenergy Supply Chain’

New Delhi: As a part of the 'World Environment Day 2021' celebration, the Indian Renewable Energy Development Agency Ltd. (IREDA) organised a webinar on 'Digital Platform for Bioenergy Supply Chain' for all its employees on Saturday. The session was conducted by Suhas Baxi, Co-Founder of BiofuelCircle.com- an online marketplace for biomass and biofuels, engaged in creating a reliable and sustainable supply chain for bioenergy.

Baxi emphasised on challenges and opportunities faced by the bioenergy sector. He further introduced all IREDA officials to the cloud-based digital ecosystem developed for bioenergy supply chain that connects Rural & Industrial economies. The platform allows to discover, buy, sell, transport and settle transactions for biomass and biofuel using Web / Mobile Application. The webinar was also joined by senior officials from MNRE, SECI, PRESPL and BiofuelCircle.

"India's Bio-Energy sector is experiencing a transition from unorganised to organised sector and IREDA will try to fulfil the financing requirement of the sector": IREDA CMD Pradip Kumar Das

Addressing the participants, PRESPL's Managing Director Lt. Col. Monish Ahuja (Retd.) said that PRESPL has been working closely with IREDA for the past 5-6 years. He further added that PRESPL is committed to creating a transparent platform for bio sector stakeholders. MNRE and GIZ have concluded a study on the Biofuel platform.

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On the occasion of World Environment Day, IREDA's Chairman & Managing Director (CMD) Pradip Kumar Das extended his wishes to all the participants and reaffirm that IREDA is committed to the sustainable development of the country through financing renewable energy and energy efficiency projects. Further, he underlined that India's Bio-Energy sector is experiencing a transition from unorganised to organised sector and IREDA will try to fulfil the financing requirement of the sector. Das also highlighted that IREDA has introduced several innovative financing schemes and products in last year to improve the business environment for the clean energy sector and the company will continue to play the leading role in the development of the renewable energy sector.
 
IREDA's Director (Technical) Chintan Shah IREDA appreciated Biofuelcircle for creating India's first online marketplace for biofuels and biomass and mentioned that such initiatives are the need of the hour.

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