Indian Renewable Energy Development Agency Limited Annual Report

Indian renewable energy development agency limited is a public incorporated on 11 march 1987.

Indian renewable energy development agency limited annual report.

Newer renewable electricity sources are projected to grow massively by nearer term 2022 targets including a more. Its authorized share capital is rs. Get the complete financial report quarterly statements and other important stock market reports of indian. 1970s energy crisis led to the establishment of the commission for additional sources of energy case in the department of science technology india in march 1981.

Bidders can furnish letter of undertaking instead of bank guarantees for renewable power projects. The approval was for 13 90 crore equity shares this will be around worth rs 750 crore. 60 000 002 000 and its paid up capital is rs. Indian renewable energy development agency ltd.

As a part of its paris agreement commitments the government has set an ambitious target of achieving 175 gigawatt gw of renewable energy capacity by 2022. Get information about the indian renewable energy development agency limited. September 05 2020 07 21 ist. It is classified as union govt company and is registered at registrar of companies delhi.

Ireda indian renewable energy development agency ltd pfc power finance corporation and rec are the three non banking financial institutions under mnre ministry of power. The case was responsible for the formulation of policies and their implementation creation of programmes for development of new and renewable energy and coordinating and intensifying r d in the sector. Welcome to indian renewable energy development agency limited. India is running one of the largest and most ambitious renewable capacity expansion programs in the world.

Details related to objectives of the company financial status projects and schemes for generating electricity or energy through new or renewable sources are given. In 2019 at un climate summit india announced that it will be more than doubling its renewable energy target from 175gw by 2022 to 450gw of renewable energy by the same year.