Bhubaneswar: Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha.
This was stated by IREDA Chairman and Managing Director Pradip Kumar Das while delivering a special address at the Odisha Solar Investor Conclave, organised by GRIDCO in Bhubaneswar on Monday.
He said the money has been sanctioned for green energy projects covering solar, hydro, ethanol and renewable energy manufacturing sectors.
Das emphasised the pivotal role of accessible financing in accelerating renewable energy (RE) projects. He highlighted IREDA’s unique position as a competitive financier with fully paperless, digitized and borrower-friendly operations, fostering seamless support for green energy projects.
Das also spotlighted Odisha’s potential to emerge as a leading solar power producer and a hub for solar equipment manufacturing.
Sharing IREDA’s national contributions, he noted that the company has sanctioned over 2.08 lakh crore and disbursed 1.36 lakh crore towards renewable energy projects, positioning itself as a catalyst for market formation in emerging RE technologies such as ethanol, EV fleet financing, pumped storage hydropower and green ammonia, etc.
