was listening to the ET Now Interview with Mr Pradip Kumar Das , CMD of IREDA today
my take :
(1) Asset quality – since its inception in 1987, it had written off only 203 Crores till date
(2) Its RE portfolio : 60% Existing RE such as Solar wind Hydro big ticket items …here REC PFC also would compete.
(3) Another 40 % would be Emerging RE such as
Solar Roof top , Bio CNG / LNG, Bio Diesel, PM Kusum project, Green Hydrogen, e mobility / EV etc where REC PFC would not be competing.
(4) He said there is a 46 Lakh crore opportunity in RE.
(5) Expecting Maharana status very soon
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