Author: shanicarver

IREDA signs MoU with MAHAPREIT to provide loans for Green Energy projects

Indian Renewable Energy Development Agency Ltd. (IREDA) signed an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT), a wholly owned subsidiary of MPBCDC (49% owned by Govt. of India and 51% owned by Govt. of Maharashtra) yesterday. In accordance with the MoU, IREDA will offer financing facilities to MAHAPREIT for the Renewable Energy projects to be implemented for state utilities, local bodies and the infrastructure of Renewable Energy Parks. The MoU was signed by Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Shri Bipin Shrimali, ... Read more