Categories: AwardsCurrent Affairs

IREDA’s Pradip Kumar Das Wins ‘CMD Of The Year’ For The Second Straight Year

 

In a momentous occasion, Shri Pradip Kumar Das, Chairman & Managing Director of Indian Renewable Energy Development Agency Limited (IREDA), has been honored with the esteemed “CMD of the Yearaward under the Mini-Ratna category at the 13th PSE Excellence Awards. The event was hosted by the Indian Chamber of Commerce in New Delhi, marking the second consecutive financial year in which Shri Pradip Kumar Das has received this prestigious accolade.

Exceptional Leadership and Growth

  • Shri Pradip Kumar Das was recognized for his exceptional leadership that has significantly contributed to the growth of the company.
  • His pioneering efforts in energy transition initiatives and outstanding contributions to IREDA and the Renewable Energy sector were acknowledged by the award.
  • This prestigious recognition marks the second consecutive financial year in which Shri Pradip Kumar Das has received this accolade.

IREDA’s Success at the Awards

  • In addition to Shri Pradip Kumar Das’s individual recognition, IREDA also emerged as a runner-up in four key categories at the 13th PSE Excellence Awards.
  • These categories include “Operational Performance Excellence,” “Corporate Governance,”Corporate Social Responsibility & Sustainability,” and “Inclusivity- Contribution of Women and Differently-Abled In.”
  • These accolades underscore IREDA’s unwavering commitment to excellence across diverse attributes of its operations.

IREDA’s Commitment to Sustainable Development

  • IREDA’s success at the 13th PSE Excellence Awards is a testament to the organization’s continued efforts in advancing renewable energy initiatives.
  • The awards also recognize IREDA’s commitment to upholding the highest standards of corporate governance and social responsibility.
  • Shri Pradip Kumar Das reaffirmed the commitment to fostering innovation and inclusivity, actively contributing to the nation’s clean energy goals while maintaining their leadership position in the market.

About IREDA

  • Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India Enterprise under the Ministry of New and Renewable Energy (MNRE).
  • Serving as the nation’s largest pure-play green financing NBFC, IREDA has achieved cumulative loan sanctions of ₹1,57,853.35 crores and disbursements of ₹1,07,100.89 crores.
  • As of September 30, 2023, IREDA has supported 22.64 Gigawatt of Renewable Energy projects installed capacity, solidifying its position as the largest player in the RE sector.

Summary

  • Shri Pradip Kumar Das, CMD of IREDA, has been awarded “CMD of the Year” at the 13th PSE Excellence Awards.
  • This recognition is under the Mini-Ratna category, marking the second consecutive year for Shri Pradip Kumar Das.
  • IREDA also secured runner-up positions in four key categories, showcasing excellence in operations and corporate responsibility.
  • The success at the awards highlights IREDA’s leadership in renewable energy, with cumulative support for over 22.64 Gigawatts of projects.

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