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B K Mohanty Assumes Charge As Director Of Finance At IREDA


Dr. Bijay Kumar Mohanty officially assumed the role of Director (Finance) at the Indian Renewable Energy Development Agency Ltd. (IREDA). Dr. Mohanty, a highly respected senior finance professional with an impressive career spanning over 25 years in the Indian power sector, brings with him a wealth of knowledge and experience that promises to enrich IREDA’s leadership. The appointment of Dr. Mohanty as Director (Finance) of IREDA was approved by the Appointments Committee of the Cabinet (ACC).

Five-Year Appointment

In an order issued by the Ministry of New & Renewable Energy , Dr. Bijay Kumar Mohanty was appointed to the post for a period of five years from the date he assumed charge or until further orders, whichever is earlier. This long-term commitment is expected to provide stability and continuity in the financial leadership of IREDA.

Distinguished Career and Expertise

Prior to joining IREDA, Dr. Mohanty, aged 53 years, held the position of Head of Department and Senior General Manager (Finance & Accounts) at REC Limited. His illustrious career in the Indian power sector is marked by significant contributions, and he has played invaluable roles at GRIDCO (Grid Corporation of Odisha) and CESCO Distribution Company, where he honed his expertise across the entire power sector value chain.

Dr. Mohanty’s Diverse Academic Achievements

Dr. Mohanty has a multifaceted background, holding Ph.D., M.Phil, M.Com, MA (Public Administration), and LL.B degrees in addition to a postgraduate diploma in Management. He is also a distinguished fellow member of the Institute of Cost & Management Accountants of India and holds a Ph.D. in Commerce from KIIT, Bhubaneswar.

Warm Welcome from IREDA Chairman & Managing Director

Shri Pradip Kumar Das, Chairman & Managing Director of IREDA, conveyed his warm wishes and enthusiasm for Dr. Mohanty’s appointment. He emphasized that Dr. Mohanty’s impressive track record in the Indian power sector and his financial expertise, combined with his fervor for renewable energy, position him as the perfect leader not just for overseeing our financial operations but also for contributing valuable insights to drive business growth.

Paving a Way for IREDA’s Bright Future

Dr. Bijay Kumar Mohanty’s appointment as Director (Finance) at IREDA signals a promising era for the organization as it continues its mission to promote renewable energy and sustainable practices in India. His extensive knowledge and experience are expected to contribute significantly to IREDA’s success in the renewable energy sector.

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