Bhubaneswar, May 13: Indian Renewable Energy Development Agency Ltd (IREDA) Chairman & Managing Director Pradip Kumar Das met Chief Secretary Suresh Chandra Mahapatra on Friday.
“The Chief Secretary and CMD, IREDA had a positive discussion about the numerous efforts made by IREDA in the last two years and future opportunities in the state. Opportunities for promoting the usage of Renewable Energy in the state were highlighted throughout the conversation,” said an IREDA press release.
In August 2021, IREDA opened a branch office in Bhubaneswar, following which the company sanctioned five Hydro power projects totaling 80.5 MW and a 1.5 MW Energy Access project. Following the opening of its branch office in Odisha, IREDA has sanctioned loans of Rs 670 crore and disbursed loans of Rs 348 crore.
“IREDA should also encourage Solar Rooftop, Solar Heating, and Solar Lighting systems for household use in Odisha,” said the Chief Secretary.
“IREDA is keen to promote more RE projects in Odisha, realising the immense green energy potential in the state,” Das said.
He also informed the Chief Secretary on the company’s recent initiatives, achievements, and future plans for the RE sector’s expansion in line with the Government of India’s target of a 50% share of energy from non‐fossil fuels by 2030,” added the Chief Secretary.