Jatin Kumar Nayak Appointed CMD of IREDA: Key Details
Jatin Kumar Nayak has assumed charge as the Chairman and Managing Director of the Indian Renewable Energy Development Agency Limited. He succeeds Dr. Bijay Kumar Mohanty, who held the additional charge following the retirement of Pradip Kumar Das. Prior to this appointment, Nayak served as Executive Director (Finance) at REC Limited.
What happened
Jatin Kumar Nayak assumed charge as the Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency Limited (IREDA) on 30 October 2026 at the company's registered office in New Delhi.
His appointment was approved by the Appointments Committee of the Cabinet (ACC) and conveyed via an order issued by the Ministry of New and Renewable Energy (MNRE) on 29 October 2026.
Before taking over this role, Nayak served as the Executive Director (Finance) at REC Limited, a Maharatna CPSE functioning under the Ministry of Power, and demitted office there on the afternoon of 30 October 2026.
He succeeds Dr. Bijay Kumar Mohanty, who held additional charge as IREDA CMD following the superannuation of the former regular CMD, Pradip Kumar Das, on 30 June 2026.
Important dates
| IREDA Establishment Date | 11 March 1987 |
|---|---|
| Pradip Kumar Das Superannuation Date | 30 June 2026 |
| MNRE Order Date for Appointment | 29 October 2026 |
| Jatin Kumar Nayak Assumption of Charge | 30 October 2026 |
📌 Static GK links
- IREDA Headquarters: New Delhi
- IREDA Established: 11 March 1987
- IREDA Type: Navratna Central PSU
- IREDA Ministry: Ministry of New and Renewable Energy
- IREDA Motto: ENERGY FOR EVER
What candidates should do
- Note down the newly appointed CMD of IREDA along with his previous organization (REC Limited).
- Revise the administrative ministry, establishment year, and Navratna status of IREDA for banking and SSC general awareness sections.
- Practice related current affairs questions concerning high-level public sector executive appointments.
PrepZen analysis
The appointment of Jatin Kumar Nayak as the regular CMD of IREDA fills a key leadership vacancy that arose following the superannuation of former CMD Pradip Kumar Das in June 2026. Given Nayak's extensive three-decade background in corporate finance, power, and infrastructure sectors—including his tenure as Executive Director (Finance) at REC Limited—his leadership is expected to steer IREDA's financial assistance for renewable energy and energy efficiency projects. For competitive exam aspirants, questions from this development typically test the name of the new appointee, his previous organization, the administrative ministry of IREDA, and static details about the institution.
Practice questions
Q1. Who has recently assumed charge as the Chairman and Managing Director (CMD) of IREDA?
Q2. Before being appointed as the CMD of IREDA, Jatin Kumar Nayak served as the Executive Director (Finance) at which organization?
Q3. Under which administrative ministry does the Indian Renewable Energy Development Agency Limited (IREDA) operate?
Previously, he was Executive Director (Finance) at REC Limited.
IREDA promotes renewable energy and energy-efficiency projects.
🎯 Key Point: Jatin Kumar Nayak is the new IREDA CMD.
FAQs
Who is the new CMD of IREDA?
Jatin Kumar Nayak is the new Chairman and Managing Director of IREDA, having assumed charge on 30 October 2026.
What was Jatin Kumar Nayak's previous position?
Prior to his appointment as IREDA CMD, Jatin Kumar Nayak served as Executive Director (Finance) at REC Limited.
When was IREDA established?
IREDA was established and incorporated on 11 March 1987.
What classification does IREDA hold as a CPSE?
IREDA is a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy.
Who did Jatin Kumar Nayak succeed as IREDA CMD?
He succeeded Dr. Bijay Kumar Mohanty, who was holding additional charge following the superannuation of former CMD Pradip Kumar Das.
Sources and references
- ireda.in (www.ireda.in)
- solarquarter.com (solarquarter.com)
- psuconnect.in (www.psuconnect.in)
- teachingpariksha.com (blog.teachingpariksha.com)
Prepared by PrepZen for exam preparation. Consult the linked sources for original announcements and current details. Corrections policy. Spotted an error? Write to prepzen.app@gmail.com.
Practice Quiz — 3 November 2026
Q1. Who has recently been appointed as the Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency Limited (IREDA)?
Q2. What is the primary objective of the newly notified VB-G RAM G Grievance Redressal Rules, 2026 by the Ministry of Rural Development?
Q3. Where did Prime Minister Narendra Modi inaugurate the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026?
Q4. How many Next Generation Corvettes (NGCs) will be acquired by the Indian Navy under the recent ₹53,866.50 crore deal signed by the Ministry of Defence?
Q5. Which Indian Naval Ship recently completed a 10-month 'Lokayan 26' transoceanic sailing expedition?
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