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Indian Renewable Energy Development Agency

Renewable energy: 7,592 MW commissioned in first nine months of the fiscal year

Capacity additions for the current fiscal year are set to exceed the previous accounting period’s 8,532 MW. With Rs405 billion invested in clean energy in the last fiscal year, spending in the first nine months of 2019-20 has been estimated at Rs367 billion.

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IREDA, EIB sign €150 million loan for RE financing in India

The European Investment Bank (EIB) has extended a line of credit totaling €150 million, without insisting on a sovereign guarantee by the Government of India. Over one million Indian households are set to benefit.

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