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Tender: Odisha projects get IREDA’s Rs.3,000cr

Fiinews by Fiinews
December 25, 2024
in Tenders
Reading Time: 2 mins read
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Das At Odisha Solar Investor Conclave

Das addressing Odisha Solar Investor Conclave.

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Das spotlights solar potential in Odisha

The Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs.3,000 crores for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors.

IREDA Chairman and Managing Director Pradip Kumar Das confirmed this, pledging to support work with Odisha on the state’s ambitious renewable energy target of achieving 10 GW capacity by 2030 https://www.conexpoconagg.com/.

Emphasizing the pivotal role of accessible financing in accelerating renewable energy (RE) projects, he highlighted IREDA’s unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects https://www.globaltenders.com/.

Addressing the Odisha Solar Investor Conclave on 23 Dec, Das also spotlighted Odisha’s potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing https://ted.europa.eu/en/.

Sharing IREDA’s national contributions, he noted that the company has sanctioned over Rs.2.08 lakh crore and disbursed Rs.1.36 lakh crore towards renewable energy projects, positioning itself as a catalyst for market formation in emerging RE technologies such as ethanol, EV fleet financing, pumped storage hydropower and green ammonia, etc http://isolaralliance.org.

The CMD reiterated IREDA’s commitment to driving India’s green energy goals, with an envisioned 10-15% contribution to the renewable energy debt financing space https://www.gridco.co.in/. Fiinews.com

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