Green urja award

In news: Indian Renewable Energy Development Agency Ltd (IREDA) has been conferred with “Green Urja Award”.

About IREDA-

It is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE).
It is the only dedicated institution for financing Renewable Energy (RE) & Energy Efficiency (EE) projects in India.
It was established in 1987.
Motto is: “ENERGY FOR EVER”.
It has been notified as a “Public Financial Institution” under section 4 ‘A’ of the Companies Act, 1956 and registered as Non-Banking Financial Company (NBFC) with RBI.
The main objectives of IREDA are :
To give financial support to specific projects and schemes for generating electricity and / or energy through new and renewable sources and conserving energy through energy efficiency.
To maintain its position as a leading organisation to provide efficient and effective financing in renewable energy and energy efficiency / conservation projects.
To increase IREDA`s share in the renewable energy sector by way of innovative financing.
Improvement in the efficiency of services provided to customers through continual improvement of systems, processes and resources.
To strive to be a competitive institution through customer satisfaction.
It is awarded for being the Leading Public Institution in Financing Institution (FI) for Renewable Energy in 2021 by Indian Chamber of Commerce (ICC).