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Indian Renewable Energy Development Agency (IREDA) The Indi | UPSC PIB NEWS

Indian Renewable Energy Development Agency (IREDA)

The Indian Chamber of Commerce (ICC) has awarded IREDA with “Green Urja Award” for being the Leading Public Institution in Financing Institution for Renewable Energy this year.

Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE).

IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987.

It is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation.

IREDA’s Motto is “Energy for Ever.”

It is headquartered in New Delhi.


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