In a significant move to accelerate India’s renewable energy sector, the Indian Renewable Energy Development Agency Ltd. (IREDA) has entered into Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023.
Indian Renewable Energy Development Agency Ltd. (IREDA) has taken a significant stride towards bolstering the nation’s renewable energy landscape by forging a strategic partnership with India Infrastructure Finance Company Ltd (IIFCL). This landmark collaboration, signified by a Memorandum of Understanding (MoU) inked on September 4, 2023, will propel the financing of renewable energy ventures.
