Minister encourages IREDA to expand financing for Rooftop Solar
IREDA Chairman and Managing Director Pradip Kumar Das has highlighted the company’s Rs.4,500 crore fundraising efforts to strengthen its operations and support speedy growth in the green energy sector.
The challenges faced by IREDA in meeting the growing demand for funding in the renewable energy sector euronext were also presented during a review conducted by Minister for New and Renewable Energy Pralhad Joshi on 30 Aug bse .
Joshi praised IREDA for its pioneering role in the renewable energy sector since its inception and its significant growth over the last four years nse .
He encouraged IREDA to expand its financing jpx for Rooftop Solar, PM Surya Ghar Initiative, PM-KUSUM scheme and other smaller renewable energy projects to connect the public, farmers and small-scale industries with green energy solutions sbi .
The discussions covered various significant topics, including IREDA’s sectoral financing, diversification strategies, future growth and fundraising plans deutsche-boerse .
Joshi was also briefed on key initiatives undertaken in the past four years, particularly in the areas of Ease of Doing Business, digitalization, automation, establishment of a Retail Division and incorporation of a wholly owned subsidiary at the International Financial Services Centre (IFSC) in GIFT City , Gujarat. fiinews.com
