Stock Report

IREDA and IIT Bhubaneswar inks MoU for Clean Energy Innovation

Posted On : 2024-02-11 23:31:52( TIMEZONE : IST )

IREDA and IIT Bhubaneswar inks MoU for Clean Energy Innovation

Indian Renewable Energy Development Agency Ltd. (IREDA) has taken a significant step towards fostering innovation and research in the renewable energy sector by signing a Memorandum of Understanding (MoU) with Indian Institute of Technology, Bhubaneswar. The MoU, inked today at the 100 Cube Start-up Conclave held at IIT Bhubaneswar, aims to support collaborative efforts in innovation and research initiatives, technology transfer, and nurturing the start-up ecosystem.

The MoU was signed by Shri Pradip Kumar Das, Chairman & Managing Director of IREDA, and Dr. Debi Prasad Dogra, Independent Director of IIT Bhubaneswar, in the august presence of Shri Dharmendra Pradhan, Hon'ble Union Minister for Education, Skill Development & Entrepreneurship and Prof. Shreepad Karmalkar, Director of IIT Bhubaneswar.

Speaking on this momentous occasion, Shri Pradip Kumar Das, CMD of IREDA, said, "This partnership with IIT Bhubaneswar marks a significant milestone in our journey towards fostering innovation and sustainable development in the renewable energy domain. By leveraging the expertise and resources of both organizations, we aim to drive impactful research initiatives and propel the growth of the renewable energy sector."

The collaboration between IREDA and IIT Bhubaneswar is poised to facilitate joint research efforts, facilitate technology transfer, and provide comprehensive support for the start-up ecosystem. It will also encompass capacity building initiatives such as training programs, seminars, and workshops to enhance the skills of IREDA officials.

Shares of Indian Renewable Energy Development Agency Limited was last trading in BSE at Rs. 179.55 as compared to the previous close of Rs. 189.00. The total number of shares traded during the day was 643212 in over 12784 trades.

The stock hit an intraday high of Rs. 179.55 and intraday low of 179.55. The net turnover during the day was Rs. 115488714.00.

Source : Equity Bulls


IndianRenewableEnergyDevelopmentAgency IREDA INE202E01016 FinancialInstitution MoU IIT Bhubaneswar