Latest NewsNews SnippetsPower

IREDA Sanctions Rs 14,445 Crore Loan for RE Projects in Maharashtra

Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned a Rs 14,445 crore loan for funding 422 Renewable Energy (RE) projects in Maharashtra. This information was given by Mr. Pradip Kumar Das, CMD, IREDA at a workshop on ‘Greening India through renewables’ on May 20, 2022 in Pune. The workshop was held in association with the Mahratta Chamber of Commerce Industries and Agriculture (MCCAI).

Mr Das also said that IREDA has sanctioned Rs 1,20,946 crore for RE projects across the country, and has disbursed a total amount of Rs 79,446 crore.

Out of this sanctioned amount, Rs 10,018 crore has been disbursed so far. During fiscal 2021-2022, IREDA had sanctioned Rs 2,564 crores for 12 Renewable Energy projects, out of which it disbursed Rs. 1,362 crores.