New Delhi, 8 January (H.S.): Indian Renewable Energy Development Agency Limited (IREDA) received 'Excellent' rating for the fourth consecutive year in Memorandum of Understanding (MoU) execution for the financial year 2023-24.

The Ministry of New and Renewable Energy said in a statement issued on Wednesday that IREDA has achieved 'Excellent' rating for its performance MoU with the Ministry of New and Renewable Energy (MNRE) for the financial year 2023-24, achieving an impressive score of 98.24. This is the fourth consecutive year that IREDA has received this top rating, which reflects its commitment to operational excellence and corporate governance.

IREDA achieved 'Excellent' rating with a score of 93.50 in FY 2022-23, 96.54 in FY 2021-22 and 96.93 in FY 2020-21. These consistent achievements underline the organisation's commitment to further India's renewable energy goals.

Pradeep Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited, said on this achievement, Achieving 'Excellent' rating for the fourth consecutive year is a significant achievement for IREDA. It reflects the tireless efforts of the organisation's employees, the unwavering trust of stakeholders and the guidance of the Government of India.

I express my heartfelt gratitude to all those who contributed to this success. Together, we are committed to accelerate the country's green energy transition and achieve our country's renewable energy goals. IREDA Chairman and Managing Director Pradeep Kumar Das said, expressing his gratitude to Union Minister of New and Renewable Energy Pralhad Joshi, Minister of State for Power and New and Renewable Energy Shripad Naik, Ministry of New and Renewable Energy, Secretary of the Ministry, Prashant Kumar Singh and other senior officials of the Ministry and the Board of Directors for their support and invaluable guidance for this achievement.

Hindusthan Samachar / Jun Sarkar