Latest News | Ireda Sanctions Rs 3,000 Crore for RE Projects in Odisha: CMD
Get latest articles and stories on Latest News at LatestLY. State-owned Ireda has sanctioned Rs 3,000 crore for green energy projects across Odisha, the company's CMD Pradip Kumar Das on Monday. Indian Renewable Energy Development Agency (Ireda), under the Ministry of New & Renewable Energy (MNRE), is engaged in providing finance to mainly renewable energy projects.
New Delhi, Dec 23 (PTI) State-owned Ireda has sanctioned Rs 3,000 crore for green energy projects across Odisha, the company's CMD Pradip Kumar Das on Monday. Indian Renewable Energy Development Agency (Ireda), under the Ministry of New & Renewable Energy (MNRE), is engaged in providing finance to mainly renewable energy projects.
"Ireda has already sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors," Das said in a statement.
It has envisioned a 10-15 per cent contribution to the renewable energy debt financing space in India's transition to green energy, he added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)