Resource detail
Title: IREDA listing gets cabinet approval in fresh push for renewable energy
Source:Mint
Date:8 June 2017
The share sale will increase equity base of Indian Renewable Energy Development Agency (IREDA) and help it raise more debt for funding projects, government says. The Cabinet Committee on Economic Affairs (CCEA) on 8 June 2017 approved the listing of state run Indian Renewable Energy Development Agency (IREDA), reiterating its emphasis on green energy. India has an ambitious clean energy target of 175 gigawatt (GW) by 2022—and it needs money, about $200 billion, to achieve this.
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