Published 16:04 IST, December 25th 2023
IREDA CMD highlights financial viability and growth at 15th stakeholders' meet
IREDA shares closed 0.36% lower at Rs 109.50 apiece on the NSE on Friday, December 22, 2024.
IREDA stakeholders' meet: The 15th Stakeholders' Meet of the Indian Renewable Energy Development Agency (IREDA) commenced with a comprehensive presentation, shedding light on recent business initiatives and advancements in the renewable energy sector. The event was a platform to showcase the achievements and discuss recent amendments to IREDA's existing loan products.
The session also featured an action report on the major suggestions received from stakeholders during the previous interaction meeting held on September 16, 2023. CMD Pradip Kumar Das expressed his gratitude to IREDA's dedicated business partners, acknowledging their pivotal role in the company's historic growth over the last three and a half years.
CMD Pradip Kumar Das highlighted the critical role of Stakeholders' Interaction Meetings in propelling IREDA's rapid growth and fostering collaborative efforts within the renewable energy sector. He attributed the significant success of IREDA’s IPO to valued customers who have maintained enduring business relationships with the company.
Emphasising the importance of the IPO, CMD Pradip Kumar Das noted its role in raising awareness within the investor community and the public regarding renewable energy development. The meeting saw active participation from esteemed business partners, ensuring a diverse range of perspectives on the future of renewable energy.
During the session, borrowers congratulated IREDA on its historic listing and the 'CMD of the Year' award, along with four other prestigious accolades recently received. Borrowers actively engaged in the dialogue, offering productive suggestions for the development of the renewable energy sector. IREDA welcomed these insights, considering them valuable inputs for future policy formulations and strategic planning. The collaborative spirit of the stakeholders' meeting reaffirmed IREDA's commitment to sustainable growth and innovation in the renewable energy landscape.
IREDA shares closed 0.36 per cent lower at Rs 109.50 apiece on the NSE on Friday, December 22, 2024.
Updated 16:04 IST, December 25th 2023