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IREDA bags “Green Urja Award”

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    12th May, 2021

Indian Renewable Energy Development Agency Ltd. IREDA has been conferred with “Green Urja Award”.

Context

Indian Renewable Energy Development Agency Ltd. IREDA has been conferred with “Green Urja Award”.

About the “Green Urja Award”

  • Recognition: The award is conferred for being the Leading Public Institution to Finance Institution for Renewable Energy.
  • The award recognises the contribution in development of Renewable Energy Sector.
  • Institution: The awards are given by the Indian Chamber of Commerce (ICC).
  • Award: IREDA gets the award for its pivotal and developmental role in Green Energy Financing.

Indian Renewable Energy Development Agency Limited (IREDA)

  • It is under the administrative control of Ministry of New & Renewable Energy (MNRE).
  • It was established in 1987.
  • It is the only dedicated institution for financing Renewable Energy (RE) & Energy Efficiency (EE) projects in India.
  • It has played a catalytic role in developing market for financing RE & EE projects.

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