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IREDA finances Rs 10,000 crore green projects during 2016-17

IREDA finances Rs 10,000 crore green projects during 2016-17

Monday, April 10, 2017, 7:33 AM

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs.10,000 crore in a single year for the first time. IREDA provided loans of Rs.10,200 crore through 2016-17 for 112 clean energy projects across solar, wind, small hydro and biogas. “In the coming year, we plan to do Rs.12,500-13,000 crore,” said KS Popli, chairman.
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