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To provide techno-financial expertise in developing renewable energy projects, the Indian Renewable Energy Development Agency Ltd (IREDA) has signed a pact with which company?

To provide techno-financial expertise in developing renewable energy projects, the Indian Renewable Energy Development Agency Ltd (IREDA) has signed a pact with which company? Correct Answer Tehri Hydro Development Corporation (THDC) India Ltd

The correct answer is Tehri Hydro Development Corporation (THDC) India Ltd.

Key Points

  • The Indian Renewable Energy Development Agency Ltd (IREDA) has entered into a pact with THDC India Ltd (THDCIL).
  • Under the MoU, IREDA will undertake techno-financial due diligence of renewable energy and energy efficiency and conservation projects for THDCIL.
  • IREDA will also assist THDCIL in developing an action plan to create and acquire renewable energy projects for the next five years.

Additional Information

  • Tehri Hydro Development Corporation Limited(THDC), is under the ownership of National Thermal Power Corporation Limited, Ministry of Power, Government of India.
  • It was established in 1988 to develop, operate and maintain the Tehri Hydro Power Complex and other Hydro Projects.
  • The Indian Renewable Energy Development Agency Ltd (IREDA)​ is a Public Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects.
  • 'ENERGY FOR EVER' is the motto of IREDA.

Related Questions

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