Panaji: Shri Pradip Kumar Das, Chairman & Managing Director of the Indian Renewable Energy Development Agency Ltd. (IREDA), played a pivotal role at India Energy Week 2026 in Goa, contributing to two major panel discussions focused on India’s energy transition and the path toward Viksit Bharat.
During the session titled “Empowering Economic Policy with Energy Data: Steering India’s Growth towards Viksit Bharat,” Shri Das emphasized that the vision of a developed India relies on the pillars of reliable data, realistic policy, and patient capital.
CMD IREDA described energy data as a strategic economic instrument rather than a mere technical input, noting its essential role in guiding pricing, investment, and policy decisions. He highlighted that IREDA’s strategy involves directing capital toward both massive infrastructure and decentralized community solutions to ensure a sustainable and inclusive transition.
In a second panel, “Startup Climate Technology Innovations: From R&D Margins to Market Mainstream,” Shri Das detailed IREDA’s evolution from a traditional lender to a specialized financial institution dedicated to lowering the cost of clean energy capital. He explained how the agency uses standardized appraisal frameworks and long-tenor debt to scale mainstream sectors like solar and wind, while simultaneously boosting distributed segments such as rooftop solar through the PM-KUSUM scheme.
Looking toward the future of energy technology, CMD IREDA Shri Das noted that IREDA is aggressively supporting emerging sectors. This includes early-stage financing for pumped storage hydropower and the development of structured financial models for green hydrogen and green ammonia projects, specifically designed to align with phased commissioning and evolving market offtake agreements.