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GS-III : Economic Issues Renewable energy

11 May, 2021
5 Min Read

IREDA bags “Green Urja Award”

Indian Renewable Energy Development Agency Ltd. IREDA has been conferred with the “Green Urja Award” for being the Leading Public Institution in Financing Institution for Renewable Energy this year by the Indian Chamber of Commerce (ICC).
The award was received by Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA from Dr Ajay Mathur, Director General, International Solar Alliance in presence of Shri Anil Razdan, Chairman, ICC National Expert Committee on Energy in a virtual ceremony.
IREDA gets the award for the pivotal and developmental role it plays in Green Energy Financing.
IREDA under the administrative control of the Ministry of New & Renewable Energy (MNRE) is the only dedicated institution for financing Renewable Energy (RE) & Energy Efficiency (EE) projects in India.
Since its inception, the company has played a catalytic role in developing the market for financing RE & EE projects.
IREDA has over the years sanctioned loans aggregating to Rs. 96,601 crores, disbursed Rs. 63,492 cores and supported more than 17,586 MW of RE capacity in the country till date.

Source: PIB

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IREDA bags “Green Urja Award”

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