IREDA

Indian Renewable Energy Development Agency Ltd (IREDA) is a fully government-owned enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE), Government of India. It is a public financial institution registered as a non-deposit taking Non-Banking Financial Company (NBFC) with the Reserve Bank of India and classified as an Infrastructure Finance Company by the RBI. IREDA promotes, develops, and provides financial assistance to projects in renewable energy, energy efficiency, and conservation sectors. It supports a wide range of technologies including solar, wind, green hydrogen, and electric vehicles across India. The company operates primarily in the renewable energy, energy efficiency and conservation, and finance industries. IREDA has been granted the 'Navaratna Status' by the MNRE, reflecting a recognized strategic position within the government framework.