Union Minister for New and Renewable Energy Pralhad Joshi has congratulated Indian Renewable Energy Development Agency (IREDA) on securing an ‘Excellent’ rating for the fifth consecutive year in MoU performance. The Minister said that this sustained excellence reflects the dedication of the IREDA team and the strength of its institutional reforms. He expressed confidence that IREDA will continue this momentum, strengthening India’s clean energy financing ecosystem and accelerating the nation’s clean energy transition towards a greener, more self-reliant future.
IREDA has once again demonstrated its consistent performance excellence by securing an ‘Excellent’ rating in the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024–25, achieving a commendable score of 96.42 out of 100.
This marks the fifth consecutive year that IREDA has received the prestigious ‘Excellent’ rating, underlining the organisation’s sustained focus on operational efficiency, financial discipline, and robust corporate governance. The continued high performance reflects the organisation’s ability to maintain momentum amid an expanding mandate and evolving renewable energy landscape.
