Current Affairs   »   IREDA conferred with Green Urja Award

IREDA conferred with Green Urja Award

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Indian Renewable Energy Development Agency Ltd (IREDA) has been conferred with the “Green Urja Award” for being the Leading Public Institution in the Financing Institution for Renewable Energy this year by the Indian Chamber of Commerce (ICC). IREDA gets the award for the pivotal and developmental role it plays in Green Energy Financing.

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Despite the pandemic time, IREDA has ended the year 2020-21 ended on a strong note and disbursed the second-highest (from the date of inception) amount of loan amounting to Rs. 8827 crore, which indicates that IREDA has the ability to translate this problem into an opportunity.

About the award:

The award recognises our immense contribution to the development of the Renewable Energy Sector in line with the Hon’ble Prime Minister’s vision of Atma Nirbhar Bharat.

Important takeaways for all competitive exams:

  • IREDA Headquarters location: New Delhi;
  • IREDA Founded: 11 March 1987.

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