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IREDA bags “Green Urja Award”

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

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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