Google trend - IREDA

IREDA - 10 things to know with detail

• Indian Renewable Energy Development Agency (IREDA) is a leading public sector financial institution in India that finances and promotes renewable energy projects in the country.
• IREDA was established in 1987 under the Ministry of New and Renewable Energy (MNRE) with the aim of accelerating the development of renewable energy projects in India.
• The agency provides financial assistance in the form of loans, grants, and equity to renewable energy projects such as solar, wind, biomass, and small hydro power plants.
• IREDA also offers technical assistance and consultancy services to renewable energy developers to help them implement their projects efficiently.
• The agency plays a crucial role in promoting renewable energy sources as a sustainable and environmentally friendly alternative to conventional fossil fuels.
• IREDA has a strong track record of financing and supporting a wide range of renewable energy projects across India, contributing to the growth of the renewable energy sector in the country.
• The agency has helped in the development of key renewable energy projects such as solar parks, wind farms, and biomass power plants, thereby reducing the country's dependence on fossil fuels.
• IREDA has also been instrumental in facilitating the adoption of innovative technologies and best practices in the renewable energy sector to enhance project efficiency and sustainability.
• The agency works closely with government agencies, financial institutions, and industry stakeholders to promote renewable energy development in India and achieve the country's renewable energy targets.
• IREDA's efforts have been recognized internationally, and the agency continues to play a vital role in driving the growth of renewable energy in India and contributing to the country's sustainable development goals.