IAS Gyan

Daily News Analysis

IREDA

13th July, 2022 Environment

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Context:  Union Minister of State for New & Renewable Energy (MNRE), and Chemicals and Fertilisers, Shri Bhagwanth Khuba, yesterday, visited IREDA’s Registered Office at India Habitat Centre, New Delhi. Shri Khuba reviewed the performance and the future roadmap of IREDA, followed by an interactive session with senior officials of the company.

India Renewable Energy Development Agency Limited (IREDA):

  • IREDA is an enterprise under the Ministry of New and Renewable Energy.
  • It was established in 1987 as a Public limited Government Company under the Companies Act, 1956.
  • IREDA provides financial support to the renewable energy sector.
  • Vision of IREDA is to expand and promote sustainability and affordability in the renewable energy sector in the country."
  • IREDA gets “Mini Ratna” statusby Ministry of New and Renewable Energy in 2015
  • IREDA’s Motto is “Energy for Ever.”

 

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1840903