Davos, Jan 21 (IANS) Decentralised renewable energy has the potential to significantly reduce government subsidies, cut Aggregate Technical and Commercial (AT&C) losses and make power more affordable, Pradip Kumar Das, Chairman and Managing Director of Indian Renewable Energy Development Agency Limited (IREDA) said on Wednesday.Das was speaking at a panel discussion titled ‘Scaling Solar Where It Matters: India’s Lessons on Rooftop, Agriculture and Decentralised Energy for the Global South…
Latest IREDA News & Updates
New Delhi, Jan 19 (IANS) An apartment in Gurugram and bank balances, both worth Rs 54 crore, were attached by the ED in a matter related to misuse of loans of over Rs 500 crore by companies associated with failed e-ride hailing service BluSmart Fleet, an official said on Monday.The Enforcement Directorate (ED), Headquarters Investigation Unit (HIU), New Delhi, has issued a Provisional Attachment Order (PAO) in the case of Gensol Group under the provisions of the PMLA, 2002.The federal probe agen…
New Delhi, Jan 8 (IANS) The Indian Renewable Energy Development Agency (IREDA) has received the prestigious ‘Excellent’ rating in the MoU signed with the Ministry of New & Renewable Energy (MNRE) for the fifth consecutive year, underlining the organisation’s sustained focus on operational efficiency and financial discipline, an official statement issued on Thursday said.The ‘Excellent’ rating for the financial year 2024–25, has been achieved by the country’s largest pure-play g…
Mumbai, Jan 8 (IANS) The Enforcement Directorate (ED) has arrested a businessman for allegedly misusing a loan availed from a public sector undertaking for setting up a waste-to-energy plant for the Pune Municipal Corporation (PMC) and for indulging in money laundering.The ED’s Mumbai Zonal Office arrested Prateek Kanakia, Chief Executive Officer of The Green Billions Limited (TGBL), on January 1, 2026, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection …