New Delhi, June 19 (APAC Media): The Public Enterprises Selection Board (PESB) has recommended Jatin Kumar Nayak for appointment as the next Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency Limited (IREDA).
Nayak currently serves as Executive Director (Finance) at REC Limited and brings extensive experience in finance and the power sector. His appointment is expected to strengthen IREDA’s leadership at a time when India is rapidly accelerating its clean energy transition.
IREDA plays a crucial role in financing renewable energy projects and supporting India’s green growth agenda. The agency has been instrumental in funding key sectors such as solar and wind energy, green hydrogen, battery storage, and energy efficiency initiatives.
Industry observers believe Nayak’s financial expertise and sectoral understanding will help further enhance IREDA’s strategic role in driving investments in renewable energy.
The leadership transition comes at a pivotal moment as India expands its renewable energy ambitions and clean energy infrastructure.
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