Shaw-Barragan commends IREDA for its impressive growth in green projects
Indian Renewable Energy Development Agency Limited (IREDA) is keen to partnering with the European Investment Bank (EIB) to pursue its renewable energy goals.
“IREDA is committed to supporting the growth of Renewable Energy in India through financing, and we will be happy to be partnering with the European Investment Bank to achieve our climate goals,” IREDA Chairman and Managing Director Pradip Kumar Das has told EIB Global Director Maria Shaw-Barragan.
Such collaboration will provide much-needed support for the development of Renewable Energy and Green Hydrogen projects in India, helping to open up new opportunities for the country’s citizens and advancing the Government’s goal of achieving 50% of its installed energy capacity from non-fossil fuels by the year 2030, he said on 2 Mar 2023.
Das also emphasised how this kind of collaboration can create new opportunities in the emerging segment of Renewable Energy, Green Hydrogen, Green Ammonia, E-Mobility, Battery storage among others enabling project developers, investors, and other stakeholders to leverage the expertise and resources of two reputable institutions. It can help to create a faster sustainable future for all.
Shaw-Barragan commended IREDA for its impressive growth over the previous three years.
She also praised Team IREDA for quickly, effectively and qualitatively financing the RE projects during her meeting with IREDA officials. fiinews.com
