Shri Pradip Kumar Das, Chairman and Managing Director of Indian Renewable Energy Development Agency (IREDA), chaired a pivotal panel discussion today on “Accelerating RE Deployment – Challenges and Solutions” at the 22nd Renewable Energy Summit, hosted by the India Energy Forum at Hotel Le Meridien, New Delhi.
The session, moderated by Shri Das, featured insights from key industry leaders, including Shri Sarit Maheshwari, CEO of NTPC Renewable Energy Ltd; Shri Vivek Srivastava, CEO of WTG Division, Suzlon Energy; and Shri Ashish Khanna, CEO of Adani Green Energy Ltd.
In his opening remarks, Shri Das highlighted India’s strong performance in the renewable energy sector, with the country achieving an installed RE capacity of 234 GW as of June 2025, making it the fourth-largest renewable energy market globally. He stressed the need to scale this capacity to 485 GW by 2030, noting that annual capacity additions must increase significantly—from the current 20–30 GW to about 50–60 GW—to meet national targets.
The panel identified four critical areas requiring immediate attention: enhancing domestic manufacturing via Production Linked Incentive (PLI) schemes and Approved List of Models and Manufacturers (ALMM); simplifying land acquisition processes through single-window clearances; accelerating transmission infrastructure with proactive planning; and mobilizing ₹30–32 lakh crore in investments through innovative financing mechanisms.
Shri Das reaffirmed IREDA’s pivotal role in driving this transformation by offering tailored financial solutions and reinforcing its position as India’s premier renewable energy financier. He called for cohesive collaboration among stakeholders—industry players, investors, and policymakers—to ensure India remains on track to meet its 2030 clean energy goals and continues to play a leadership role in the global energy transition.
The session concluded with a strong message of urgency and collective responsibility to overcome structural challenges and unlock the full potential of India’s renewable energy sector.
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