General

IREDA reports an all-time high PAT of Rs. 865 Cr. FY 22-23

Indian Renewable Energy Development Agency Ltd. (IREDA), the largest Renewable Energy funding company in the country, has reported an all-time high annual Profit After Tax (PAT) of Rs. 865 crores and Profit Before Tax (PBT) of Rs. 1,139 crores in the financial year 2022-23. […]

General

RBI granted an IFC status IREDA

The Reserve Bank of India (RBI) granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) today. It was earlier classified as an ‘Investment and Credit Company (ICC)’. […]

General

IREDA inks MoU with CIPET for Solarization of CIPET campuses

Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET), to provide its techno-financial expertise for solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […]

General

Cabinet infuses 1500Cr in IREDA

Cabinet approves infusion of Rs.1,500 crore in Indian Renewable Energy Development Agency Limited (IREDA);Employment generation of approximately 10200 jobs-year and CO2 equivalent emission reduction of approximately 7.49 Million Tonnes CO2/year […]

General

IREDA sign MoU with TANGEDCO for Green Energy projects

Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO), for providing its technical expertise in developing Renewable Energy projects and fund raising. […]