IREDA inks MoUs with Bank of Maharashtra for Financing Renewable Energy Projects
The Indian Renewable Energy Development Agency (IREDA), has signed a Memorandum of Understanding (MoU) with Bank of Maharashtra (BoM) on September 18, 2023 for financing a diverse spectrum of Renewable Energy projects, across the nation.
This MoU will promote and facilitate co-lending and co-origination support for all Renewable Energy projects, including loan syndication and underwriting, management of Trust & Retention Account for IREDA borrowers.
IREDA is a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy.
IREDA Chairman and Managing director – Pradip Kumar Das
