**Executive Summary**
The Indian Renewable Energy Development Agency Ltd. (IREDA) hosted a New Year 2026 get-together on January 1, 2026, for its employees. The event featured discussions on IREDA's growth and its role in financing MSMEs and flagship initiatives, with assurances of support from the Ministry of New and Renewable Energy (MNRE). IREDA highlighted its strong financial performance and growth in workforce.
**Key Points / Main Content**
* **Event Overview:**
* IREDA organized a New Year 2026 get-together for employees on January 1, 2026, in New Delhi.
* The event was attended by senior officials from MNRE and IREDA.
* **Strategic Focus:**
* MNRE Secretary emphasized the importance of team building and nurturing young professionals.
* MNRE assured continued support to IREDA in its growth journey.
* Focus on enhancing financial support to MSMEs and flagship initiatives like PM Surya Ghar.
* **Financial Performance:**
* Cumulative loan sanctions reached ₹2,78,016 crore.
* Cumulative disbursements totaled ₹1,80,988 crore.
* Loan book stood at ₹87,975 crore as of December 31, 2025 (provisional).
* IREDA achieved its highest-ever annual Profit After Tax of ₹1,699 crore in FY 2024-25.
* The organization received an international credit rating upgrade by S&P Global Ratings.
* **Workforce Growth:**
* IREDA's workforce grew from 168 employees on January 1, 2025, to 227 employees in 2026.
* Women constitute approximately 23% of the total workforce, significantly higher than the CPSEs average.
**Impact Analysis**
**IREDA Employees**
* **Impact:** Celebrated the New Year with the organization, heard updates on IREDA's performance and strategic direction, and were encouraged to maintain high standards.
* **Action Required:** Continue upholding high standards of governance and efficiency.
**MSMEs and Beneficiaries of Flagship Initiatives (e.g., PM Surya Ghar)**
* **Impact:** Anticipate enhanced financial support from IREDA due to the reinforced commitment from MNRE.
* **Action Required:** Stay informed about new funding opportunities and eligibility criteria.
**Ministry of New and Renewable Energy (MNRE)**
* **Impact:** Responsible for providing support and guidance to IREDA, as well as ensuring the success of renewable energy initiatives.
* **Action Required:** Continue providing full support to IREDA in its growth journey.
Key Entities Referenced
IREDA: Indian Renewable Energy Development Agency Ltd., focused on financing renewable energy projects.
Ministry of New and Renewable Energy (MNRE): The primary ministry responsible for renewable energy in India, providing support to IREDA.
PM Surya Ghar: A flagship initiative which IREDA supports with financing.
Ministry of New and Renewable Energy
Secretary, MNRE Calls for Stronger IREDA-Led
Financing for MSMEs and other flagship
initiatives such as PM Surya Ghar
MNRE assures full support to IREDA in its growth journey :
Shri Santosh Kumar Sarangi
IREDA organises New Year 2026 get-together
प्रव तथ: 01 JAN 2026 5:32PM by PIB Delhi
Indian Renewable Energy Development Agency Ltd. (IREDA) organised a New Year 2026 get-together
on 1st January 2026. IREDA organized this event for its employees at India Habitat Centre, New Delhi,
marking the beginning of the year with a spirit of unity and renewed commitment.
The event was graced by Shri Santosh Kumar Sarangi, Secretary, Ministry of New & Renewable Energy
(MNRE); Shri J.V.N. Subramanyam, Joint Secretary, MNRE; Shri Pradip Kumar Das, Chairman &
Managing Director, IREDA; Dr. Bijay Kumar Mohanty, Director (Finance), IREDA; Shri Sanjay
Kulshrestha, CMD, HUDCO; and other senior officials.
Addressing the gathering, Shri Santosh Kumar Sarangi emphasised the importance of team building and
nurturing young professionals to prepare them as future leaders. Highlighting IREDA’s expanding role, he
underscored the need to enhance financial support to MSMEs and under flagship initiatives such as PM
Surya Ghar scheme and assured continued support from MNRE to IREDA in its growth journey.Welcoming the Secretary and Joint Secretary, MNRE, Shri Pradip Kumar Das, CMD, IREDA, extended
warm New Year greetings to all employees. In his address, he noted that IREDA’s workforce has grown
from 168 employees on January 1, 2025 to 227 employees in 2026, with women constituting around 23%
of the total strength, significantly higher than the CPSEs average of 9.5%. The aforementioned growth has
been achieved through qualitative corporate governance and financial discipline, and the same approach
will be continued to ensure sustainable growth.
Shri Das also highlighted IREDA’s strong financial performance, with cumulative loan sanctions of
₹2,78,016 crore, cumulative disbursements of ₹1,80,988 crore and a loan book of ₹87,975 crore as on
December 31, 2025 (provisional). He recalled key milestones including IREDA’s highest-ever annual
Profit After Tax of ₹1,699 crore in FY 2024–25 and the international credit rating upgrade by S&P Global
Ratings.
In his vote of thanks, Director (Finance), appreciated the employees for their spirit of teamwork and
encouraged them to continue upholding high standards of governance and efficiency.
****
Navin Sreejith
(रलीज़ आईडी: 2210536) आगंतुक पटल : 2180
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही