Indian Renewable Energy Development Agency (IREDA)

The Indian Renewable Energy Development Agency (IREDA) is a government-backed financial institution that provides funding and support for renewable energy projects in India. Its goal is to promote clean energy sources like solar, wind, and biomass by offering loans, grants, and technical assistance. IREDA helps developers and companies develop sustainable energy projects, contributing to India’s efforts to reduce reliance on fossil fuels and combat climate change. Essentially, it acts as a financial enabler, making it easier for renewable energy initiatives to grow and succeed across the country.