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IREDA dominates 13th PSE Excellence Awards with Five Accolades



Posted On : 2023-12-20 20:07:47( TIMEZONE : IST )

IREDA dominates 13th PSE Excellence Awards with Five Accolades

Shri Pradip Kumar Das, Chairman & Managing Director of Indian Renewable Energy Development Agency Limited (IREDA), has been bestowed with the esteemed "CMD of the Year" award under the Mini-Ratna category at the 13th PSE Excellence Awards, hosted by the Indian Chamber of Commerce in New Delhi today. This prestigious recognition marks the second consecutive financial year in which Shri Pradip Kumar Das has received this accolade, acknowledging his exceptional leadership that has boosted the company's growth, pioneering energy transition initiatives, and outstanding contributions for IREDA and Renewable Energy sector development.

In addition to the top honour, IREDA also emerged as a runner-up in four key categories: "Operational Performance Excellence", "Corporate Governance," "Corporate Social Responsibility & Sustainability," and "Inclusivity - Contribution of Women and Differently-Abled In". These accolades underscore IREDA's unwavering commitment to excellence across diverse attributes of its operations. The awards were received by Shri Pradip Kumar Das, CMD, IREDA accompanied by Dr. Bijay Kumar Mohanty, Director (Finance) and other senior officials of the company.

Expressing his gratitude upon receiving these accolades, Shri Pradip Kumar Das remarked, " It is truly an honourto be acknowledged for leadership, operational excellence, corporate governance, and more for the renewable energy sector. These awards validate the relentless commitment and dedication of the team IREDA towards driving sustainable development, while also acknowledging the trust bestowed upon us by stakeholders and business partners. Our commitment remains firm in fostering innovation and inclusivity as we actively contribute to the nation's clean energy goals, maintaining our leadership position in the market."

CMD, IREDA expressed his gratitude to Shri R. K. Singh, Hon'ble Union Minister of Power, New & Renewable Energy, Shri Bhagwanth Khuba, Hon'ble Union Minister of State for New & Renewable Energy and Chemical & Fertilizers and Shri Bhupinder Singh Bhalla, Secretary, MNRE, for their invaluable guidance and constant support.

IREDA's success at the 13th PSE Excellence Awards is a testament to the organization's continued efforts in advancing renewable energy initiatives and upholding the highest standards of corporate governance and social responsibility.

Shares of Indian Renewable Energy Development Agency Limited was last trading in BSE at Rs. 112.43 as compared to the previous close of Rs. 110.77. The total number of shares traded during the day was 7757364 in over 44899 trades.

The stock hit an intraday high of Rs. 116.05 and intraday low of 111.33. The net turnover during the day was Rs. 878077220.00.

Source : Equity Bulls

Keywords

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