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IREDA signs MoU with BOM for project financing

The Business Guardian

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September 20, 2023

The Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Bank of Maharashtra to fund a diverse spectrum of renewable energy projects.

IREDA signs MoU with BOM for project financing

IREDA's administrative control is under the Ministry of New and Renewable Energy. The agreement promotes the development and deployment of renewable energy technologies in India. Under the MoU, IREDA and the Bank of Maharashtra will work together to identify and finance viable renewable energy projects. The collaboration will involve sharing information and expertise, conducting due diligence, and providing financial assistance to

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