Under the patronage of
Organised by
Pradip Das

Pradip Das

Chairman and MD Indian Renewable Energy Development Agency Limited
Indian Renewable Energy Development Agency Limited Logo Web
Bio

Shri Pradip Kumar Das is the Chairman & Managing Director of the Indian Renewable Energy Development Agency Limited (IREDA). He is a Fellow Member of the Institute of Cost Accountants of India and an Associate Member of the Institute of Company Secretaries of India. He also holds a PGDBM from the Xavier Institute of Management.

Mr. Das has led IREDA’s transformation into India’s largest pure-play green financing NBFC achieving market leading loan book growth & profitability along with best-in-class asset quality and corporate governance culminating in “Excellent” rating under MNRE MoU for 5 consecutive years.

Under his dynamic leadership, IREDA underwent a complete strategic and operational turnaround culminating in its highly successful IPO in 2023, upgradation to Navratna status in 2024, and sovereign-equivalent BBB global rating by S&P in 2025.

IREDA delivered exceptional market performance, with its Nov 2023 IPO achieving 38x oversubscription and listing at ~88% premium. The strong response to its June 2025 QIP further underscored sustained investor confidence in the company’s trajectory.

IREDA has significantly modernized its operations through full digitization, enabling a paperless Business Center. This focus on process excellence and capability building has driven a 3.2x increase in Gross Loan Portfolio per employee over the past five years. Establishing best-in-class benchmark in corporate governance, IREDA released its FY25 audited results in 15 days, the fastest among comparable NSE/BSE-listed Banks & NBFCs.
In recognition of its exemplary performance, IREDA has received Infrastructure Finance Corporation status from RBI, AAA(Stable) domestic credit rating from leading agencies, as well as ‘CMD of the Year’ award under Miniratna Category at the 13th CPSE excellence awards.

India has achieved the milestone of 50% non-fossil energy capacity five years ahead of target, reaching ~247 GW of RE capacity as of H1FY25 of which IREDA has supported installations of ~27.5 GW, playing a pivotal role in India’s clean energy expansion.

Before joining IREDA, Mr. Das held the position of Director (Finance) at India Tourism Development Corporation Limited (ITDC) spearheading the disinvestment/divestment of more than 10 hotel properties in line with the Government of India priorities. With a career spanning 37 years, he has extensive experience in various financial roles, including finance, banking, reporting, compliance, audit, resource mobilization, treasury, loan and recovery, and disinvestment/divestment, in both public and private sectors. Mr. Das has also worked with organizations such as Rural Electrification Corporation Limited (REC), Bharat Heavy Electricals Limited (BHEL), Nuclear Power Corporation Limited (NPCL), Bharat Heavy Plate and Vessels Limited (BHPV), Kusum Products Limited., and others.

His distinguished status as a member of high-level committees formed by the Government of India Bodies and Industry associations reflects his involvement in strategic decision-making.