IREDA MoU MNRE

IREDA as on 2nd November 2020, has financed more than 2700 renewable energy projects in India with cumulative loan disbursements to the tune of Rs. 57,000 crore, and has supported green power capacity addition of 17,259 MW in the country.

The MOU was signed by Shri Indu Shekhar Chaturvedi, Secretary, MNRE and Shri Pradip Kumar Das, Chairman & Managing Director, IREDA today in the presence of senior officials from MNRE & IREDA.

Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE), for setting key targets for the year 2020-21. The MOU was signed by MNRE Secretary, Indu Shekhar Chaturvedi and IREDA CMD, Pradip Kumar Das yesterday.

The government has set a revenue target of 2,406 crore rupees under ‘Excellent’ rating along with various performance-related parameters such as Operating Profit as percentage of Revenue from Operation, PAT (profit after tax) as a percentage of Average Net worth, Loan disbursement, Overdue loan etc.

IREDA as on today, has financed more than 2700 renewable energy projects in India with cumulative loan disbursements to the tune of 57,000 crore rupees, and has supported green power capacity addition of 17,259 MW in the country.

Published by Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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