IREDA signs MoU with MNRE

Published on November 03, 2020
Current Context: The Indian Renewable Energy Development Agency (IREDA) Limited has signed MoU with the Ministry of New and Renewable Energy (MNRE).
IREDA signs MoU with MNRE
  • They have entered into an agreement in order to frame targets for the year 2020-21.
  • Under this MoU, GOI has allotted a revenue target of Rs 2,406 crore from the renewable energy industry.
  • The MoU was signed by Indu Shekhar Chaturvedi, Secretary, MNRE and Pradip Kumar Das, CMD, IREDA. 
  • Until now, IREDA has financed more than 2700 renewable energy projects in India by offering a loan of Rs 57,000 crores. 
  • It has also supported green power capacity addition of 17,259 MW in India.
  • Static Part: 
    • Union Minister of State (IC) for New and Renewable Energy: Raj Kumar Singh

Question: 

Q.1 Who among the following signed MoU with Ministry of New and Renewable Energy (MNRE) to frame targets for the year 2020-21?
a. SBI
b. NABARD
c. RBI
d. Indian Renewable Energy Development Agency (IREDA)

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