The Indian Renewable Energy Development Agency Ltd. (IREDA) and Bharat Heavy Electricals Limited (BHEL) have initiated a significant partnership to accelerate India’s renewable energy development. In a meeting held today, the two public sector giants discussed collaborative efforts to support the nation’s ambitious renewable energy targets.
Pradip Kumar Das, Chairman and Managing Director (CMD) of IREDA, and Koppu Sadashiv Murthy, CMD of BHEL, led the discussions, focusing on strategies to propel India towards its goal of achieving 500 GW of non-fossil fuel-based installed capacity by 2030. The meeting also saw the participation of Shri Rajesh Kumar Dwivedi, Director (Finance) of BHEL, who provided valuable insights during the deliberations.
Highlighting the significance of this collaboration, Pradip Kumar Das stated, “The synergy between IREDA and BHEL will significantly contribute to India’s renewable energy ambitions. Together, we aim to enhance the pace of project execution and provide robust financing solutions to support the Government of India in achieving the 500 GW target by 2030. This partnership is a step towards securing a sustainable energy future for India, in line with the nation’s c.”
The joint efforts of IREDA and BHEL are expected to overcome existing challenges in the renewable energy sector, paving the way for a cleaner and greener India. Both organisations reaffirmed their commitment to driving the nation’s renewable energy agenda forward, reflecting a shared vision of a sustainable energy future.
