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European Investment Bank’s Global Director meets CMD, IREDA for collaboration on RE and Green Hydrogen projects financing

in Business March 2, 2023 Comments Off on European Investment Bank’s Global Director meets CMD, IREDA for collaboration on RE and Green Hydrogen projects financing 638 Views

Newdelhi:2/3/23:Ms. Maria Shaw-Barragan, Global Director, European Investment Bank (EIB), met Shri Pradip Kumar Das, Chairman & Managing Directors (CMD), Indian Renewable Energy Development Agency Limited (IREDA), at IREDA’s corporate office today.

Commenting on the potential collaboration, Shri Das said, “IREDA is committed to supporting the growth of Renewable Energy in India through financing, and we will be happy to be partnering with the European Investment Bank to achieve our climate goals. This collaboration will provide much-needed support for the development of Renewable Energy and Green Hydrogen projects in India, helping to open up new opportunities for the country’s citizens and advancing the Government of India’s goal of achieving 50% of its installed energy capacity from non-fossil fuels by the year 2030.”

CMD, IREDA also emphasised how this kind of collaboration can create new opportunities in the emerging segment of Renewable Energy, Green Hydrogen, Green Ammonia, E-Mobility, Battery storage, etc. enabling project developers, investors, and other stakeholders to leverage the expertise and resources of two reputable institutions. It can help to create a faster sustainable future for all.

The Global Director of the EIB commended IREDA for its impressive growth over the previous three years. She also praised Team IREDA for quickly, effectively, and qualitatively financing the RE projects.

Shri Chintan Shah, Director (Technical), IREDA, Dr. R. C. Sharma, CFO, IREDA, and other senior IREDA and EIB officials also attended the meeting.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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