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IREDA VOYAGE IREDA VOYAGE 2018-19 2018-19 IREDA VOYAGE 2018-19 Indian Renewable Energy Development Agency Ltd. Hkkjrh; v{k; ÅtkZ fodkl laLFkk fyfeVsM

IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

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Page 1: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA VOYAGE IREDA VOYAGE 2018-192018-19

IREDA VOYAGE 2018-19

Indian Renewable Energy Development Agency Ltd.

Hkkjrh; v{k; ÅtkZ fodkl laLFkk fyfeVsM

Page 2: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

RE Round-Up for 2018-19

31.03.2015 31.03.2016 31.03.2017 31.03.2018 31.03.2019

39551.01

46575.65

57897.57

69784.20

78316.3980000

75000

70000

65000

60000

55000

50000

45000

40000

35000

30000

25000

20000

15000

10000

5000

0

8397.35

4055.29

23354.36

3744.01

8761.44

4273.89

26777.41

6762.91

8949.09

4379.79

32279.78

12288.91

9501.91

4485.74

34145.00

21651.55

9916.61

4593.15

35625.97

28180.66

Bio-Power Small Hydro Power Wind Power Solar Power

Source wise Grid Interactive Installed Power Capacity during last five years (in MW)

» India is now at 5th global position for overall installed renewable energy capacity.

» As on 31st March, 2019 India's renewable power installed capacity has already reached over 78 GW.

» Solar energy capacity has increased manifolds from 2.63 GW in 2014 to 28.18 GW by March 31, 2019.

» The wind energy capacity also increased considerably from 21 GW in 2014 to 35.62 GW by the end of 2018-19.

» During 2018-19, 8.53 GW of renewable energy was installed in the country.

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Source: Akshay Urja

Page 3: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Performance Highlights of IREDA

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Cumulative Loan Sanctions (Rs. in Crores)

30826.42

38632.88

48831.89

60961.90

72903.77

0

10000

20000

30000

40000

50000

60000

70000

80000

Upto 2014-15 2015-16 2016-17 2017-18 2018-19

Cumulative Loan Disbursements (Rs. in Crores)

16939.3221196.71

27790.20

36118.58

45503.95

0

10000

20000

30000

40000

50000

60000

70000

80000

Upto 2014-15 2015-16 2016-17 2017-18 2018-19

Page 4: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA pays Dividend for FY 2017-18 to Government of India

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Indian Renewable Energy Development Agency Ltd. (IREDA) paid a total dividend of Rs. 126.84 crore for the Financial Year 2017-18. A cheque of Rs.21.84 crore as final dividend was presented by CMD, IREDA Shri K.S. Popli to Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy Shri R. K. Singh in the presence of Secretary, MNRE Shri Anand Kumar and CMD, REC Dr. P. V. Ramesh and senior officials from MNRE & IREDA on 26th September at MNRE, New Delhi.

During the financial year 2017-18, IREDA achieved highest Loan sanctions of Rs. 12130 crores for RE Projects, an increase of 19% over Rs. 10199 crores of 2016-17 and disbursed Rs. 8328 crores an increase of 26% over Rs. 6593 crores disbursed during 2016-17.

Page 5: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

New Financial Products Launched

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» Loan Scheme/Line of Credit for Financing Large Scale Roof Top Solar PV Grid Connected/ Interacted Power Projects.

» Top-Up Loan Scheme.

» Financing Scheme for “Biomass Projects for heating applications for commercial use".

» Financing Scheme Manufacturing of Biomass Pellets/ Torrefied Pellets/Refused Devised Fuels (RDF).

Page 6: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA’s Solar PV Project

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» Project Location : Ambalathara village, Kasaragod district, Kerala (First Solar park of Kerala)

» Project Capacity : 50 MW Solar PV Project

» Net Generation in 2018-19 : 7,64,79,288 kWh (Export - Import)

Page 7: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA signs MoU with REC

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Indian Renewable Energy Development Agency Ltd. (IREDA) and Rural Electrification Corporation Ltd. (REC) signed a Memorandum of Understanding (MoU) for working together to promote Renewable Energy development across the country. The MoU was signed by CMD, REC Dr. P. V. Ramesh and CMD, IREDA Shri K S Popli in the presence of Hon’ble Minister of State (I/C) Power and New & Renewable Energy Shri R K Singh and Secretary, MNRE Shri Anand Kumar on 26th September 2018 in MNRE, New Delhi.

To achieve the goal of 175 GW of renewable energy by 2022 provides a huge opportunity for all stake holders including landers to be part of green growth of the country. Financing of around 100 billion dollars would be required in next four years to meet the RE target. In this regard, REC and IREDA have come together to take advantage of huge opportunity provided by RE and to meet the financing requirement of the sector.

While signing the MoU, Mr. Popli said, “by coming together REC and IREDA can address substantial financing requirement for the sector seamlessly, at a time when need for financing large projects would grow exponentially in coming years.”

CMD, REC Dr. Ramesh said “This is a new milestone for us in our quest to promote sustainable development and focus on green energy solution. This is a transformational opportunity for REC and IREDA to work together forming a perfect synergy between both the organisation”.

Page 8: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Shri Praveen Kumar, Additional Secretary, MNRE assumes additional charge of CMD, IREDA

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Shri Praveen Kumar, Additional Secretary, Ministry of New & Renewable Energy (MNRE) has assumed additional charge of CMD, IREDA on 11th March 2019.

Shri Praveen Kumar is an IAS Officer from 1987 batch of Tamil Nadu Cadre. He is presently working as Additional Secretary, Ministry of New & Renewable Energy. Prior to this, he has handled various important positions in the State Governments as well as in Central Government, where he was involved in Policy Formulation and Implementation of various Public Departments.

Page 9: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA-NIWE Annual Awards for Wind Energy 2019

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IREDA-NIWE Annual Awards for Wind Energy 2019 were presented on 21st March 2019 at National Institute of Wind Energy (NIWE), Chennai.

The awards are to promote innovation, research and development, manufacturing, developing and harnessing wind energy at the state and national levels and to motivate individuals and stakeholders to strive for the best in the field.

The Award for the category of Best performing State Nodal Agencies for the year 2017-18 was conferred on Karnataka Renewable Energy Development Agency Limited (KREDL), Bengaluru. Shri. A.B Basavaraju KAS, Managing Director, KREDL, Bengaluru received the Award of Rupees One Lakh on behalf of KREDL, which has promoted 875 MWs of wind power projects in the Andhra Pradesh and the state has stood first in the country for the year 2017-18.

Malaviya National Institute of Technology Jaipur was conferred as the Best Institution of Higher Learning in Wind Energy. Dr. Rohit Bhakar (HOD), Head Centre for energy & Environment of Malaviya National Institute of Technology, Jaipur, Rajasthan received the Award of Rupees One Lakh on behalf MNIT.

The Award for Best Research work in Wind Energy Category was awarded to Dr. Zakir Hussain Rather, Assistant Professor, IIT, Mumbai for his Research Work on “Intelligent Operation and control of Modern Power Systems with large scale Renewable Energy Penetration” for the year 2017-18. On behalf of Dr. Zakir Hussain Rather, Shri. Rakesh Reddy received the award.

Page 10: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA bids farewell to Shri K. S. Popli

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Shri K. S. Popli, CMD (IREDA) was felicitated and given a warm farewell by IREDA on 1st March 2019. He has relieved from IREDA on completion of 5 years tenure.

In his 11-year tenure, Shri Popli contributed immensely to the IREDA and taking it to new heights. He joined IREDA in December 2007 as Director (Technical) and appointed CMD w.e.f. 1st March 2014. Prior to IREDA, Shri Popli associated with the National Hydel Power Corporation (NHPC) for 11 years and Power Finance Corporation (PFC) for 14 years.

On the occasion, Shri Popli spoke about his journey in IREDA. He appreciated the officers and staff of company for working efficiently and hoped that IREDAN’s will continue working with the same enthusiasm.

Page 11: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Farewell to Shri B M Chauhan on superannuation

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Shri B. M. Chauhan, General Manager (Technical Services) was accorded a warm farewell on his superannuation on 29th March, 2019 in a function held at India Habitat Centre, New Delhi.

Shri Chauhan was felicitated by Shri Praveen Kumar, Chairman & Managing Director, IREDA. CMD highlighted the services rendered by Shri Chauhan in different capacities with honesty, sincerity and dedication.

Shri Chauhan joined IREDA 1994 as Manager (Technical Services) after serving with Oriental Bank of Commerce and NSFDC.Shri Chauhan in his address thanked the management and his colleagues for support and cooperation received.

Page 12: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Training Program on “Organizational Excellence” at Manali, Himachal Pradesh

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A three days (12th July 2018 -14th July 2018) out bound Residential Training Program on “Organizational Excellence” was organized by IREDA in association with Dimensions Education at Manali, Himachal Pradesh, for officials of non-executive cadre.

The participants were facilitated to explore excellence in the organization. The lectures, interactions, group discussions, anecdotes etc. helped the participants to examine some of their fixed notions about things, persons and situations in their life. They became familiar with the barriers, elements and tools of effective communication, better team work, enhanced effectiveness, and time management. The concept and awareness of emotional stability, emotional intelligence, etiquette, attitudinal excellence and positive work culture were also covered and the activities allowed them the much needed experiential learning. This will be instrumental to develop tight knit, high performance teams.

All the participants participated with full zeal and enthusiasm. They thoroughly enjoyed the sight-seeing and travelled together like an extended family.

Page 13: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Celebration of International Women’s Day

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International Women’s Day was celebrated at IREDA Corporate Office on 08th March 2019 with great enthusiasm. On this occasion, a get together was organized to recognize the contribution made by women employees to the organization and society in general.

Dr. P Sreenivasan, General Manager (HR), IREDA spoke about the importance of women in the society and lauded the efforts made by the IREDA women employees for the betterment of the organization.

On this occasion, motivation speaker Ms. Powshali Guha Kar addressed female employees on “Work Life Balance and Unleashing True Potential”.

Page 14: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA Celebrates International Day of Yoga

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Yoga is an invaluable gift of India’s ancient tradition. It embodies unity of ‘Mind’ and ‘Body’; ‘Thought’ and ‘Action’. The work ‘Yoga’ derives from Sanskrit which means to join or to unite and symbolizing the union of body and consciousness.

International Day of Yoga was celebrated at IREDA on 21st June, 2018 at India Habitat Centre. IREDA employees were briefed about the benefits of yoga asanas. On this occasion, Shri Chintan Shah, Director (Technical) emphasized the benefits of yoga and regular exercise in any form and at any spare time for a healthy and balanced life.

Following the “Common Yoga Protocol” of Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopaythy (AYUSH), employees performed Yoga under the guidance of Acharya Seva Ram and Mrs. RenuUpadhya.

A lecture cum demonstration on “Importance of Self Defence” by Shri Subodh Dhiman was also organized after the Yoga session for the benefits of IREDA’s employees especially for women employees. The Program was wellreceived by the participants. The program was concluded with group photo and vote of thanks by Dr. P Sreenivasan, GM(HR).

Page 15: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

‘Swachhta Pakhwada’ Observed in IREDA

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Indian Renewable Energy Development Agency Limited (IREDA) observed SwachhtaPakhwada from June 1-15, 2018.

As a part of this event as well as keeping in view the importance of World Environment Day, a lecture has been organized by IREDA on ‘Living in Harmony with Nature’. The program was addressed by Shri B K Pius, Spiritual Brother from Brahma Kumaris at ‘Amaltas Hall’ in IHC complex, New Delhi.

Some of the major activities undertaken during SwachhtaPakhwada are:-

» An awareness amongst employees involvement in Swachh Bharat was initiated not only taking up the cleanliness drive at office but also at respective houses, housing society, social circle and also by further awareness with children, etc.

» Cleanliness drive at IREDA both Registered and Corporate Offices at New Delhi and its Branch/Camp Offices located at Chennai, Hyderabad and Ahmedabad. Special cleaning of IREDA offices and as well as surrounding area was also taken up by IREDA.

» Waste papers/materials/Old scrap, etc. lying at IREDA Corporate Office were identified and disposed off/Weeding out.

» Special cleaning of IREDA Stores in basement at its Registered Office at India Habitat Centre, New Delhi.

Page 16: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA observed Vigilance Awareness Week 2018

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“Vigilance Awareness Week 2018” was observed in Indian Renewable Energy Development Agency Ltd. (IREDA) during 29th October to 3rd November, 2018 with theme “Eradicate Corruption- Build a New India”.

The inaugural function of ''Vigilance Awareness Week 2018' held at Corporate Office of IREDA. CMD, IREDA Shri K. S. Popli administered the Integrity Pledge to employees of the company. Director (Finance) Shri S. K. Bhargava, CVO Shri Philp Bara were also present on this occasion.

Various programme sand competition were conducted during the course of Vigilance Awareness Week, which includes the following:

» Workshop on “Vigilance- Preventive & Punitive” by Shri AkhtarulHanif, Deputy Secretary, Ministry of Road Transport & Highways on 29th October, 2018

» Speech Competition on “Eradicate Corruption- Build a New India” for IREDA employees on 30th October, 2018

» Lecture on “Conduct Discipline & Appeal Rules and Disciplinary Proceedings” by Shri G. R. Dutta, former GM (Pers. & HRD), BHEL on 31st October, 2018

» Customers Grievance Redressal Day on 1st November, 2018

» Lecture on “Non-Performing Assets” by Shri Pramod Datta, Zonal Manager, Bank of Maharashtra on 2nd November, 2018

Valedictory function of ‘Vigilance Awareness Week 2018’ was organized on 3rd November, 2018 at Stein Auditorium, IHC Convention Centre, Lodhi Road, New Delhi. A Hindi Play “GOLMAL” directed by Shyam Kumar on the theme of Corruption was also organized on this occasion for the employees of the IREDA and their family members. On this occasion, CMD, IREDA Shri K. S. Popli, Director (Finance) Shri S. K. Bhargava and CVO Shri Philip Bara released the ‘Vigilance Journal - PAHAL’. The function ended with Rashtriya Gaan.

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Page 18: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA wins “11th Habitainment Quiz 2018”

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Indian Renewable Energy Development Agency Limited (IREDA) won the “11th Habitainment Quiz 2018” on 27th November 2018.

A team consisting of Shri K.P. Philip, AGM (TS) & Shri Abhinav Chandra, AM (TS) represented IREDA. The theme of this year quiz was 'Municipal Solid Waste Management'. The quiz was hosted by renowned quiz master, Mr. Charu Sharma.

“11th Habitainment Quiz 2018” was organized by National Housing Bank & India Habitat Centre for the institutional and individual members of the India Habitat Centre.

Page 19: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

CMD, IREDA honoured with Distinguished Fellowship

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Shri K. S. Popli, Chairman & Managing Director of Indian Renewable Energy Development Agency Limited (IREDA) conferred with the Institute of Directors (IOD) Distinguished Fellowship for the year 2018.Shri Popli was recognized for his outstanding contribution towards business and society at IOD's ‘20th World Congress on Environment Management & Climate Change’ on 6th July, 2018 in New Delhi.

Shri Popli has rich experience of working over 35 years in Indian Power Sector. He has served with National Hydroelectric Power Corporation (NHPC) and Power Finance Corporation (PFC), prior to joining IREDA in 2007. Shri Popli is also on the management board of several organizations of national importance and also official member of various high level committees set up by the Government of India in the field of Renewable Energy & Energy Efficiency. He is also Country Representative for International Solar Alliance – Affordable Finance at Scale. His contribution to the organization, profession and society at large has been recognized by various National & International agencies through conferring various coveted awards.

Page 20: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA honoured with ‘Best Financing Agency in Renewable Energy' award

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Indian Renewable Energy Development Agency Limited (IREDA) conferred with ‘Best Financing Agency in Renewable Energy' award by Central Board of Irrigation and Power (CBIP).

The award was presented by Hon’ble Minister of State (I/C) for Power and New & Renewable Energy Shri R. K. Singh to Shri S. K. Bhargava, Director (Finance) and Dr. P. Sreenivasan, GM (HR & CSR), IREDA in an award ceremony held on 4th January, 2019 in New Delhi.

Page 21: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

CMD, IREDA Conferred with 'Leaders of the Decade in Public Service' Award

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Shri K. S. Popli, CMD, Indian Renewable Energy Development Agency Ltd. (IREDA), has been conferred 'Leaders of the Decade in Public Service' Award by Women Economic Forum at its annual conclave on 1st May, 2018 at New Delhi. The award was presented by Dr. Harbeen Arora, Global Chairperson, Women Economic Forum to Shri Popli.

Shri Popli also addressed the valedictory session of Women Economic Forum. He said that “women gender equality is also part of sustainable development goals. If we want to have sustainable development, we need to have empower women from all the sectors. Still 25 percent of the homes don’t have electricity worldwide. I think empowering women also would require empowering with energy.”

During his address Shri Popli also said that “today the contribution of women in GDP is 17 percent. Renewable installed capacity is also 17 percent today. This is 17 percent against the global average of 37 percent. So, I found some similarities and I am sure as we developed, our renewable energy and the energy of women power in India and globally would also developed. That is what we can think off and we can all work together.”

Page 22: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA bags Golden Peacock Award forEnvironment Management

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Indian Renewable Energy Development Agency Limited (IREDA) has been awarded ‘Golden Peacock Award for Environment Management’ on the occasion of ‘20th World Congress on Environment Management & Climate Change’ on 6th July, 2018 in New Delhi.

The award was presented by Secretary, Ministry of Steel, Dr. Aruna Sharma and Secretary, Ministry of Environment, Forest and Climate Change, Shri C. K. Mishra to Dr. P. Sreenivsan, GM (HR) accompanied by other officials of IREDA.

Page 23: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

IREDA bags ‘UK-India Deal of the Year Award” in Green Climate Bonds (Masala Bonds)

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IREDA has been honoured with the UK-India Deal of the Year Award by India Inc. in London on 22nd June, 2018 during the 2nd UK-INDIA Conclave. The recognition is bestowed to IREDA being the first issuer of green Climate Bonds Certified and Investment Grade rated bond by a financial institution. The bond was nearly two times oversubscribed – the highest in the masala space in 2017 – emphasizing the continued importance of the UK’s capital markets for India’s rapid growth ambitions. The award was received by Mr. S K Bhargava, Director (Finance), IREDA. Issuances through Masala Bonds confirms investors’ acceptance for IREDA in the global market

Page 24: IREDA VOYAGE 2018-19 · Upto 2014-15 2015-16 2016-17 2017-18 2018-19 Cumulative Loan Disbursements (Rs. in Crores) 16939.32 21196.71 27790.20 36118.58 45503.95 0 10000 20000 30000

Induction Program for Executive Trainees

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Induction training Program for newly joined Executive Trainees was conducted by IREDA in association with Skill Council for Green Jobs during 19th June 2018 to 13th July 2018 at IREDA Corporate Office, New Delhi.

The 20 days Induction Program driven by senior technical experts from various Renewable Energy sectors, senior officials of IREDA gave executive trainees an exposure to popular renewable energy sources and their harnessing methods; latest technical developments in the field of Renewable Energy; exposure to the national and global scenario of renewable energy; policy and regulatory scenario in renewable energy.

In order to strengthen the skills required to perform, deliver and create impact at workplace, the executive trainees were sensitized on the topics such as Emotional Intelligence, Industry communication, People Management, Consulting mindset, the art of consistently exceeding expectation, Conflict management and various team building exercises.

To provide an exposure about the national and global scenario of renewable energy, the executive trainees were taken to Renewable Energy Dialogue 2018 organized by Council on Energy, Environment and Water, Ministry of New and Renewable Energy, the International Energy Agency, the International Solar Alliance and the Renewable Energy Policy network for the 21st Century (REN21). To give a real-time exposure the executive trainees were also taken to the following site visits: Visit to National Institute of Solar Energy, Visit to Centre for Rural Development and Technology, IIT Delhi, Visit to Alternate Hydro Energy Centre (AHEC), Indian Institute of Technology, Roorkee.

This Induction program also provided an opportunity to the Executive trainees to interact with senior working officials of IREDA, which helped them to not only understand the work culture of IREDA but also the process and methodology followed in IREDA.

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Glimpses of Lecture Series for IREDA Employees

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'Lecture Series' is being conducted in IREDA to harness the knowledge and create awareness on concepts for development. Eminent personalities from different walks of life addressed our employees.

Shri B K Pius from Brahmakumarisspoke on “Beyond Excellence”.

Shri G. R. Dutta, Ex-General Manager (Pers. & HRD) BHEL conducted

a session on “CDA Rules”.

Shri Sanjiv Malhotra, Corporate Trainer addressed on “Communication and

Business Skills of Mingling and Corporate Grooming”.

Shri Sanjay Kumar Singh, Director, Dimensions Education addressed the

interactive session on “Effective Management”.

Dr. R K Lalwani, National Heart Institute delivered

a health talk on “Role of Sleep in Lifestyle Diseases”.

Dr. N. P. Singh, Senior Advisor, IREDA delivered a lecture on

“Technology Ladder in Renewables”.

Shri Akhtarul Hanif, Deputy Secretary, Ministry of Road Transport & Highways addressed on “Overview of Vigilance”.

Ms. Supriya Chawla, Head of Chevening India guided for Chevening Scholarships

and fellowships.

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Health Check-up camp for IREDA employees

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IREDA organized a health Checkup Camp for its employees through Indraprastha Apollo Hospital, New Delhi. The Camp was organized at IREDA’s Corporate Office on 03.08.2018 from 3.00 PM onwards with the following facilities:

» Blood Pressure Monitoring

» Random Blood Sugar

» ECG

» Cardiologist Consultation

» Dietician Group Counselling

» Bone Densitometry (BMD)

» Orthopedic Consultation

» Physiotherapist Group Counselling

Approx. 100 IREDA employees including supporting staff took benefit of the Health Camp.

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Welcome to new members of IREDA Family

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We welcome and pleased to introduce the 17 following Executive Trainees, who have joined IREDA in June, 2018 through Campus Recruitment:

Mr. Divyanshu Dubey Mr. Piyush Agarwal Mr. Romesh Kumar Gupta Mr. Ashish Aggarwal Mr. Aishwarya Mishra

Ms. Bhagyashree Katdare

Ms. Dheera Sharma Mr. Rishabh Mangal Ms. Bindu Yerra Mr. Rohit Ranjan Mr. Dwijesh Kumar Singh

Mr. Ayush Khandelwal Ms. Ananya Pramanik Mr. Halavath Bhuralal Mr. Bibek Bishal Mehena Mr. Shreyansh Raj Mr. Shashank Gupta

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GM (HR) conferred with ‘Best HR Professional of the Year’ Award

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Dr. P. Sreenivasan, GM (HR & CSR), Indian Renewable Energy Development Agency Ltd. (IREDA) bestowed with ‘Best HR Professional of the Year’ award by HR Association of India.

The award was presented by Hon’ble Minister of State for Women & Child Development, Dr. Virendra Kumar in the presence of The Ambassador-designate of the Lebanon, Mr. RabieNarsh to Dr. P. Sreenivasan in an award ceremony held on 9th January, 2019 in New Delhi.

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IREDA Wins Two Prestigious Awards

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Indian Renewable Energy Development Agency Ltd. (IREDA) has been honoured with “Rising PSU of the Year Award” and CMD, IREDA Shri K. S. Popli conferred with the “Excellence in Leadership Award” by Dr. B. R. Ambedkar International Foundation for his contribution in the field of “Renewable Energy”. Shri Thaawarchand Gehlot, Hon’ble Union Minister for Social Justice and Empowerment presented this award to Shri Popli on 19th April, 2018 in New Delhi.

The annual awards of Dr. B.R. Ambedkar International Foundation were presented to eminent personalities who have excelled in the fields of Social and Economic empowerment, Art and Culture, Sports & Games, Health & Education, Poverty Alleviation etc.

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IREDA Conferred with ‘Best Project Award of the Year 2018’ by Asian Development Bank

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IREDA has been conferred with ‘Best Project Award of the year 2018’ by Asian Development Bank considering demonstration of its exemplary performance on the parameters such as Institutional set-up, financing performance, project management capability, performance on environmental and safeguard, etc. in respect of first tranche of loan availed by IREDA under Clean Energy Finance Program. The award was presented by Additional Secretary (Fund Bank & ADB), DEA, MoF Mr. Sameer Kumar Khare along with Mr. Hun Kim, Director General & Mr. Kenichi Yokoyama, Country Director, ADB (India) to Director (Finance) Shri S. K. Bhargava accompanied by GM (F&A) Dr. R. C. Sharma on 25th October, 2018.

IREDA has been sanctioned a Multitranche Financing Facility (MFF) of US$ 500 million by ADB for financing Renewable Energy projects in India. The Facility was approved on 30 October 2014. Out of the said facility, an Agreement for first tranche of US$ 200 million was signed on 27 October 2015 and the entire tranche was to be used on or before 30 April 2019. As against the milestone outcome set as per the Facility, IREDA exceeded its performance on all the milestones such as mobilizing additional private sector financing of US$ 540 million against target of US$ 400 million, building Renewable Energy projects of 481MW against target of 395MW and reduction of CO2 emission by up to 1.46 million tons/annum against target of 1.2 million tons/annum. IREDA has strong and competent technical and finance team which enabled it to manage each sub-project successfully and IREDA could fully utilize Tranche 1 seven months ahead of the scheduled closing date.

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IREDA wins INFOSEC MAESTROS Awards

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IREDA has been selected as top and most promising winner during the INFOSEC MAESTROS Award 2018 - India’s top most honour for IT Heads. The prestigious award is to recognize security innovations, excellence & leadership in the IT Space.

The Award was received by Shri Abhilakh Singh, General Manager on behalf of IREDA during the award ceremony held at Mumbai on 6th April, 2018.

The event was organized by InfoSecurity to honour India’s IT Heads and to recognize security innovations, excellence & leadership.

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IREDA wins “Express eGovernance Awards” and “Digital Leader Award for Excellence”

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IREDA has won “Express eGovernance Award” under the Enterprise Application Category for successful implementation of ERP integrated Online Loan Application. The prestigious award is to recognize innovative use of technology for distinct benefits to the stakeholders.

The Award was received by Shri N. Balaji, SM (ITS) and Shri Naveen Bhalla, SM (MIS) on behalf of IREDA during the Technology Sabha event organized by Express Computers held in Kochi during 14th-16th February, 2019.

IREDA has won “Digital Leader Award for Excellence” under the Category – ERP Enterprise Applications. The prestigious award is to recognize ERP implementation towards digitalization of business operations.

The Award was received by Shri Abhilakh Singh, General Manager on behalf of IREDA during the award ceremony held at New Delhi on 31st October, 2018.

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IREDA Funded CSR Projects

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Five high mast lights installed in Giridih

district of Jharkhand

Desk, Sports & Musical instruments provided in 5 Schools & Colleges in

Giridih, Jharkhand

150 solar street lighting systems installed in 5 SOS Children’s Villages of in Delhi,

Haryana and Madhya Pradesh.

400 blankets were provided to The Earth Saviours Foundation Gurukul, Gurugram

for abandoned, bed-ridden, divyang, HIV infected patients and senior citizens

Construction of Check Dam at Neem Ka Thana in Sikar district of Rajasthan.

250 LPH RO Based Water Vending Machine with Chiller provided at The Earth Saviours Foundation

(NGO) Gurukul in Bandhwari Village, Gurugram, Haryana.

Installation of 75 Solar PV LED Street Lighting Systems

in College of Agriculture, Kaithal, Haryana.

45 Solar PV LED Street Lighting Systems installed in Chanderpur & Uderi village

of Almora district, Uttrakhand

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Participation in Exhibitions

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‘Government Achievements & Schemes Expo- 2018’ held on 27th to 29th July, 2018 at Pragati Maidan, New Delhi

15th edition of Pravasi Bharatiya Diwas (PBD) expo held on 21st to 23rd January, 2019 at

Deendayal Hastkala Sankul, Varanasi, Uttar Pradesh

‘3rd Solar India Expo 2018’ held on 23rd to 25th May, 2018 at Pragati Maidan, New Delhi

World Environment Day exhibition “Sambandh”held on2nd to 5th June, 2018 at Vigyan Bhawan, New Delhi

“India Infrastructure Expo 2018” held on 24th to 26th June, 2018 at

National Centre for the Performing Arts, Mumbai

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RE-Invest 2018: IREDA Pavilion inaugurates by Hon'ble Minister Shri R K Singh

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IREDA Pavilion at 2nd Global Re-Invest 2018 Expo was inaugurated by Hon’ble Minister of State (IC), Power and New and Renewable Energy Shri R K Singh accompanied by Secretary of State to the Minister for the Ecological and Inclusive Transition, France Ms. BrunePoirson on 3rd October, 2018 at Greater Noida. The dignitaries were briefed by CMD, IREDA Shri K. S. Popli about IREDA’s endeavors and achievements.

The projects commissioned, Govt. of India’s policies and various renewable energy technologies were displayed at IREDA pavilion. In order to inculcate the awareness about renewable energy amongst visitors, interactive sessions were also organized at the pavilion.

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Indian Renewable Energy Development Agency Ltd. (A Govt. of India Enterprise)

A Mini Ratna Category-I PSU under Ministry of New and Renewable Energy

Corporate Office : 3rd Floor, August Kranti Bhawan, Bhikaiji Cama Place, New Delhi - 110 066

Tel : +91 11 26717400 - 26717412, Fax: +91 11 26717416

Registered Office: Core-4A, 1st Floor, East Court, India Habitat Centre, Lodhi Road, New Delhi - 110 003

Tel: +91 11 24682206 - 24682219, Fax: +91 11 24682202

www.ireda.in @IREDALimited @IREDALtd @iredaofficial