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IREDA outlines plans for Business Expansion and Cost Reduction

IREDA outlines plans for Business Expansion and Cost Reduction

Indian Renewable Energy Development Agency Limited (IREDA), in collaboration with Boston Consulting Group (BCG), held a Strategic Meeting in Gurugram on February 2, 2024. Discussions centered on business expansion, cost reduction, and IT enhancements for efficiency. The Strategy Team presented KPIs and outlined plans for addressing Gross Non-Performing Assets. The meeting focused on retail growth and initiatives to reduce the Cost of Funds. CMD Shri Pradip Kumar Das expressed confidence in IREDA’s progress, reinforcing their commitment to targets and financial stability. The commitment to promoting renewable energy and sustainable development concluded the meet.

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