IREDA will remain exclusively focused on the renewable energy sector, with no plans to diversify, CMD Pradip Kumar Das told CNBC-TV18. He said the agency is maintaining a balanced portfolio mix and has already raised ₹2,005 crore through QIP, with more fundraising planned. Das also addressed the Gensol case, calling it a result of “promoters’ misgovernance,” but expressed confidence in recovery. Despite sectoral challenges like the Andhra PPA issue, IREDA’s asset quality remains strong, with only ₹135 crore in cumulative write-offs over 38 years.
