In a significant move towards promoting renewable energy, Prime Minister Narendra Modi visited the Indian Renewable Energy Development Agency Limited (IREDA) pavilion at the “Utkarsh Odisha: Make in Odisha Conclave 2025”. The Prime Minister was warmly welcomed by Pradip Kumar Das, Chairman and Managing Director of IREDA, who provided insights into the agency’s impressive 37-year legacy as India’s leading pure-play green financing non-banking financial company (NBFC).
During the visit, Das emphasized IREDA’s crucial role in propelling renewable energy projects, aiming to meet India’s ambitious target of 500 GW of non-fossil fuel installed capacity by 2030. This initiative aligns with the nation’s broader goals of Panchamrit and Viksit Bharat 2047.
Accompanied by Odisha’s Chief Minister Mohan Charan Majhi and Hon’ble Governor Dr. Hari Babu Kambhampati, Modi explored the pavilion, which was themed “Responsible for Renewables.” The exhibition highlighted IREDA’s innovative strategies for sustainable development and its commitment to financing clean energy initiatives.
In his remarks, CMD Pradip Kumar Das expressed heartfelt gratitude for the Prime Minister’s visit, reiterating IREDA’s dedication to facilitating India’s green energy transition and achieving net-zero emissions by 2070. He underscored the agency’s commitment to fostering a self-reliant and sustainable future through substantial financial support for renewable energy projects.
