Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

IREDA’s GIFT City Office Boosts Green Hydrogen and Renewable Energy Manufacturing

editor by editor
April 21, 2024
in News
Reading Time: 2 mins read
0
IREDA CMD
Share on FacebookShare on TwitterShare on Linkedin

Indian Renewable Energy Development Agency Ltd. (IREDA) has opened an office in GIFT City, Gandhinagar, which will specialize in providing debt options denominated in foreign currencies. This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects. The strategic initiative which would contribute to the country’s journey towards a greener future was highlighted by Chairperson & Managing Director of IREDA Shri Pradip Kumar Das, during a panel discussion on “Future Growth Opportunities for Long Duration Energy Storage”, held at the World Future Energy Summit 2024 in Abu Dhabi on April 17, 2024.

The IREDA CMD emphasized the critical role that energy storage will play in achieving the National Green Hydrogen Mission’s ambitious target of over 5 million metric tons per annum (MTPA) Hydrogen production by 2030. He highlighted several key priorities for advancing storage technologies.

RELATED POSTS

Recyclekaro Group Brings Recycling to the Doorstep with Its New D2C Platform

Errol Musk Wraps Up 6-Day India Tour, Applauds Green Tech and Rich Culture

The CMD stressed the need to enhance research and development efforts to reduce cost and improve performance of energy storage solutions. He spoke of the necessity of implementing policies that strengthen the supply chain network, for achieving the successful deployment of energy storage technologies. Providing competitive and tailored financial solutions will encourage investment in energy storage projects, he added.

India has taken active steps in this direction, which include the formulation of a storage requirement roadmap up to 2047, technology-agnostic storage tenders, and supportive government interventions for battery manufacturing and pumped storage hydropower projects. The Central Electricity Authority of India projects a storage requirement of nearly 400 gigawatt-hours (GWh) by 2030-32, with an estimated investment exceeding Rs. 3.5 lakh crores.

IREDA has been at the forefront of renewable energy financing through the provision of innovative products for emerging technologies at competitive rates and is committed to support the deployment of energy storage technologies in India.

Tags: Green HydrogenIREDA CMDMTPARenewable Energy
ShareTweetShare
editor

editor

Related Posts

Recyclekaro Plant

Recyclekaro Group Brings Recycling to the Doorstep with Its New D2C Platform

by Palak
June 7, 2025
0

Mumbai : Recyclekaro Group has officially launched Reloop, a direct-to-consumer (D2C) platform, designed to simplify, incentivise, and democratise responsible recycling. The initiative...

Servotech

Errol Musk Wraps Up 6-Day India Tour, Applauds Green Tech and Rich Culture

by Palak
June 7, 2025
0

NEW DELHI, INDIA – After a highly productive and culturally enriching 6-day trip, Errol Musk, Global Advisor to Servotech Renewable...

Andrés de León, CEO of HyperloopTT

HyperloopTT’s Italian Project Begins Operations

by Palak
June 7, 2025
0

Last year, HyperloopTT announced the start of a feasibility study for 'Hyper Transfer', a hyperloop prototype to carry cargo and...

World Environment Day 2025

by Palak
June 6, 2025
0

By Dr Rohan Dutta, Associate Professor, Anant School For Climate Action, Anant National University  "Our Earth is more than just land, water, and...

Comau

Comau Showcases E-Drive and Stator Tech at CWIEME 2025

by Palak
June 5, 2025
0

Comau unveils its fully automated hairpin and minipin stator manufacturing technologies at CWIME 2025, reinforcing its leadership in scalable, high-efficiency...

Next Post
CleanMax partners with Apple to Advance Renewable Energy Adoption in India

CleanMax partners with Apple to Advance Renewable Energy Adoption in India

Battery E-Waste Management

CES Teams Up with EARTHDAY.ORG and Kabadiwalla Connect for Battery E-Waste Management

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Orb Energy

Bergen Pipe Supports Goes Solar with 700 kW Rooftop System from Orb Energy

June 9, 2025
Recyclekaro Plant

Recyclekaro Group Brings Recycling to the Doorstep with Its New D2C Platform

June 7, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Bergen Pipe Supports Goes Solar with 700 kW Rooftop System from Orb Energy

Recyclekaro Group Brings Recycling to the Doorstep with Its New D2C Platform

Errol Musk Wraps Up 6-Day India Tour, Applauds Green Tech and Rich Culture

HyperloopTT’s Italian Project Begins Operations

World Environment Day 2025

AI and Machine Learning Driving Innovation in ADAS Market

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved