IREDA signs MoUs with Union Bank of India and Bank of Baroda to co-finance Renewable Energy projects
- Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB), on September 5, 2023.
- Under this, IREDA will collaborate with Union Bank of India (UBI) and Bank of Baroda (BoB), in co-lending and loan syndication for a wide range of renewable energy projects, including both established and emerging RE technologies.
- CMD of IREDA- Shri Pradip Kumar Das.
Points to remember:
- IREDA has partnered with which banks in Sept 2023 to co-finance Renewable Energy projects?
- CMD of Indian Renewable Energy Development Agency Ltd. (IREDA)
Source: PIB