Reliance Commercial Finance Inks Agreement with IREDA for Rs 300 cr Loan

Reliance Commercial Finance Ltd has signed an agreement with Indian Renewable Energy Development Agency Ltd (IREDA) for Rs.300 crore loan, in Mumbai.

RCFL finances wind and solar energy projects besides providing assistance for developing infrastructure and projects in renewable energy space backed by the government.
Important Takeaways from the Above News: 
  • Devang Mody is the Executive Director and CEO of Reliance Commercial Finance. 
  • KS Popli is the Chairman and Managing Director (CMD) of IREDA.
Source- The Economic Times

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