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The Indian Renewable Energy Development Agency Ltd. (IREDA) has made the announcement to extend Pradip Kumar Das's term as Chairman and Managing Director (MD). The decision, made on May 1, 2025, reflects the Board's faith in Das's leadership and his central role in guiding IREDA's development during a period of revolutionary change for India's renewable energy industry.
Pradip Kumar Das, who took charge for the first time in May 2020, has been responsible for IREDA's strong financial and operational performance. During his tenure, the agency has registered some key milestones, such as a 27% quarter-on-quarter growth in loan sanctions for FY25 at ₹47,453 crore and a 49% rise in consolidated net profit in the March quarter. Das's long finance and corporate governance experience has played a vital role in bringing new financial products to the market and enhancing IREDA's leadership position as a non-banking financial company in the renewable energy industry.
Das is known for his dedication to energy security via renewable means and for focusing on stakeholder interests and organizational manpower. His extended tenure will be expected to bring continuity and additional momentum to IREDA's aggressive growth strategy and mission to drive India's clean energy transformation.
Source: MarketScreener, TradingView, IREDA Press Release
Source: MarketScreener, TradingView, IREDA Press ReleaseThe Indian Renewable Energy Development Agency Ltd. (IREDA) has made the announcement to extend Pradip Kumar Das's term as Chairman and Managing Director (MD). The decision, made on May 1, 2025, reflects the Board's faith in Das's leadership and his central role in guiding IREDA's development during a period of revolutionary change for India's renewable energy industry.
Pradip Kumar Das, who took charge for the first time in May 2020, has been responsible for IREDA's strong financial and operational performance. During his tenure, the agency has registered some key milestones, such as a 27% quarter-on-quarter growth in loan sanctions for FY25 at ₹47,453 crore and a 49% rise in consolidated net profit in the March quarter. Das's long finance and corporate governance experience has played a vital role in bringing new financial products to the market and enhancing IREDA's leadership position as a non-banking financial company in the renewable energy industry.
Das is known for his dedication to energy security via renewable means and for focusing on stakeholder interests and organizational manpower. His extended tenure will be expected to bring continuity and additional momentum to IREDA's aggressive growth strategy and mission to drive India's clean energy transformation.
Source: MarketScreener, TradingView, IREDA Press Release
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