- Jatin Kumar Nayak assumed charge as the new Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency (IREDA) on October 31, 2026.
- His appointment, which was approved by the Appointments Committee of the Cabinet (ACC), became effective from October 30.
- He has succeeded Dr. Bijay Kumar Mohanty, who was serving as the Additional Managing Director at IREDA.
- It is noteworthy that IREDA is the premier institution in the country for providing financial assistance to renewable energy projects and fostering their development.
- In this context, the appointment of Jatin Kumar Nayak is considered significant for the organization.
- His experience in the finance and power sectors is expected to help advance IREDA’s operations. His taking charge marks the beginning of new leadership while ensuring administrative continuity within the organization.
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