The Indian Renewable Energy Development Agency Limited (IREDA) has been awarded an ‘Excellent’ rating for its performance under the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2023-24. With a score of 98.24 (rounded to 98), this achievement marks the fourth consecutive year that IREDA has received this top rating, underscoring its steadfast commitment to operational excellence and exemplary corporate governance.
IREDA has consistently demonstrated exceptional performance in recent years, securing ‘Excellent’ ratings with scores of 93.50 in FY 2022-23, 96.54 in FY 2021-22, and 96.93 in FY 2020-21. These milestones highlight the organization’s crucial role in advancing India’s renewable energy objectives.
Reflecting on this success, Shri Pradip Kumar Das, CMD of IREDA, described the consecutive ‘Excellent’ ratings as a significant milestone for the organization. He attributed the achievement to the dedicated efforts of employees, the trust of stakeholders, and the support of the Government of India. Shri Das extended gratitude to all contributors, reaffirming IREDA’s commitment to accelerating India’s green energy transition and fulfilling the nation’s renewable energy ambitions.
Shri Das also expressed appreciation for Shri Pralhad Joshi, Hon’ble Union Minister of New & Renewable Energy, Consumer Affairs and Food & Public Distribution; Shri Shripad Naik, Hon’ble Minister of State for Power and New & Renewable Energy; Shri Prashant Kumar Singh, Secretary, MNRE; senior officials of the ministry; and the Board of Directors for their invaluable guidance and support in achieving this recognition.