The Indian Renewable Energy Development Agency Limited (IREDA) has announced major leadership changes following a board meeting held on November 10, 2025. The company has extended the tenure of its Chief Risk Officer and elevated three senior executives to critical roles, reinforcing its focus on internal growth and continuity in leadership.
IREDA’s board approved the following appointments and extensions:
| Executive | New Position | Additional Role | Tenure/Effective Date |
| Shri Pallav Kapoor | Chief Risk Officer | – | Extended for 3 years (until Oct 31, 2028) |
| Shri A. Chandrashekar | General Manager (Projects) | Head of Internal Audit | Nov 10, 2025 |
| Shri Sanjay Kumar | Additional General Manager (IT) | Chief Information Security Officer | Nov 10, 2025 |
| Shri K.P. Philip | General Manager (Projects) | Senior Management Personnel | Nov 10, 2025 |
These appointments are aimed at strengthening IREDA’s management structure and aligning leadership responsibilities with the company’s growth plans in the renewable energy sector.
The newly promoted executives bring strong technical and managerial experience to their positions:
| Executive | Education | Experience |
| Shri A. Chandrashekar | B.E. (Mechanical), M.Tech | Over 34 years |
| Shri Sanjay Kumar | B.Sc., MCA | More than 26 years |
| Shri K.P. Philip | B.Tech (Civil Engineering) | Over 31 years |
| Shri Pallav Kapoor | B.Com, PG in Finance | Over 18 years in risk management |
The continuation of Shri Pallav Kapoor’s tenure as Chief Risk Officer ensures stability in IREDA’s risk management framework, while the promotions of senior officials recognize their long-term contributions to the company’s success.
IREDA’s decision to promote from within highlights its commitment to nurturing internal talent and ensuring a seamless transition in leadership roles. These changes come at a crucial time when the renewable energy industry in India is witnessing rapid growth, requiring experienced leadership to manage evolving challenges and opportunities.
The new appointments are expected to strengthen IREDA’s operational efficiency, governance standards, and overall strategic direction.
Despite short-term fluctuations, IREDA has delivered strong long-term returns:
| Period | Return |
| 1 Day | -1.04% |
| 5 Days | -1.40% |
| 1 Month | -0.78% |
| 6 Months | -11.37% |
| 1 Year | -24.60% |
| 5 Years | +148.17% |
Read more: Tata Motors Passenger Vehicles (TMPV) Date Announced: November 14, 2025.
By strengthening its leadership team, IREDA aims to build on its mission of supporting India’s renewable energy transition. The blend of continuity and internal advancement is expected to help the organization maintain its growth momentum and enhance governance as it navigates the dynamic clean energy landscape.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Nov 11, 2025, 10:06 AM IST
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