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IREDA to Establish Retail Subsidiary

WriteCanvas News


Indian Renewable Energy Development Agency Limited (IREDA) has plans to establish a wholly-owned retail subsidiary for its retail business.

The retail subsidiary will offer products and solutions for PM-Suryaghar (Rooftop Solar), PM-KUSUM schemes and B2C segments in RE and Emerging RE sector including EVs, Energy Storage, Green Technologies, Sustainability, Energy Efficiency, etc.

IREDA has received in-principle approval from the Department of Investment and Public Asset Management (DIPAM) for the same.

Commenting on the development, Mr Pradip Kumar Das, Chairman & Managing Director, IREDA, said, “This new retail subsidiary marks a significant milestone in our journey towards fostering sustainable energy solutions at the grassroots level. By extending our expertise in renewable energy finance to the retail market, we will provide innovative financing options for both urban and rural consumers, promoting sustainable practices and reducing carbon footprints.”

This expansion aligns with the Government of India ’s vision to accelerate renewable energy adoption across the nation and create new opportunities in the clean energy sector, he said.


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5 Tips to Get Job in Renewable Energy

Jayson Joseph


Are you looking for a career that makes a difference, offers exciting opportunities, and has the potential for growth? Look no further than the renewable energy sector!

Renewable energy is a booming industry that offers exciting and rewarding careers. From engineering and project management to finance and marketing, there’s a role for everyone in this dynamic field.

So, how can you get started in the renewable energy sector? Here are some tips:

1. Build a strong foundation: If you’re just starting out, consider pursuing a degree in a related field such as engineering, environmental science, or business. This will give you a solid foundation of knowledge and skills that will be valuable in any renewable energy career.

2. Gain experience: There’s no substitute for real-world experience, so seek out internships or entry-level positions in the renewable energy sector. This will not only give you valuable experience but also help you make connections and build a network.

3. Specialize: Renewable energy is a broad field, so consider specializing in a specific area such as solar, wind, or energy storage. This will make you more valuable to employers and help you stand out in a crowded job market.

4. Stay up-to-date: The renewable energy sector is constantly evolving, so it’s important to stay up-to-date with the latest trends, technologies, and regulations. Attend conferences, read industry publications, and join professional organizations to stay informed

5. Network: Networking is key to success in any field, and the renewable energy sector is no exception. Attend industry events, connect with professionals on LinkedIn, and join local renewable energy groups to build your network and make connections.

The renewable energy sector offers exciting opportunities for professionals at all levels, whether you’re just starting out or looking for a change. So, don’t miss out on the chance to make a difference and be part of a dynamic and growing industry!


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