Renewable Energy

Prime Minister Narendra Modi visits IREDA pavilion at RE-INVEST 2024

Date- 16 Sept Time- 12:30 PM Cat- Renewable Energy

Prime Minister Narendra Modi, visited the Indian Renewable Energy Development Agency Limited (IREDA) pavilion at the 4th Global Renewable Energy Investorsโ€™ Meet and Expo (RE-INVEST) held at Mahatma Mandir, Gandhinagar, Gujarat. The event highlighted Indiaโ€™s commitment to renewable energy as part of its broader green energy transition goals.

Pradip Kumar Das, Chairman and Managing Director (CMD) of IREDA, warmly welcomed the Prime Minister and provided an overview of IREDAโ€™s 37-year legacy as the countryโ€™s leading green financing non-banking financial company (NBFC). During the visit, Das shared IREDAโ€™s strategic vision of fostering sustainable development, connecting people with renewable energy, and supporting Indiaโ€™s ambitious targets in the sector.

Prime Minister Modi was accompanied by several dignitaries, including Pralhad Joshi, Union Minister for New and Renewable Energy; Acharya Devvrat, Governor of Gujarat; Bhupendra Patel, CM of Gujarat; and Bhupinder Singh Bhalla, Secretary, MNRE. The leaders lauded IREDA for its critical role in supporting Indiaโ€™s transition towards a greener future, particularly its contributions toward achieving the governmentโ€™s target of 500 GW of non-fossil fuel installed capacity by 2030.

The IREDA pavilion, themed โ€œResponsible for Renewablesโ€, showcased the companyโ€™s continued commitment to sustainable development. The display highlighted IREDAโ€™s financing of renewable energy projects aligned with Indiaโ€™s Panchamrit goals for 2030 and the larger vision of Viksit Bharat 2047. These goals include contributing to Indiaโ€™s net-zero emissions target by 2070 and establishing the country as a global leader in renewable energy.

Pradip Kumar Das expressed his gratitude for the Prime Ministerโ€™s visit, emphasising IREDAโ€™s leadership in driving Indiaโ€™s green energy revolution. He reiterated the companyโ€™s dedication to financing renewable energy projects and supporting the governmentโ€™s vision for a self-reliant, sustainable future. Das reaffirmed IREDAโ€™s commitment to enabling Indiaโ€™s goal of 500 GW renewable energy capacity by 2030, playing a vital role in the nationโ€™s path to a carbon-neutral economy.

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