Additional Rs 1,290-crore equity will enable IREDA to leverage seven time and finance more green projects: CMD
IREDA’s focus is not only on renewable energy development support, but also to decarbonise energy transition because the Panchamrit target that we have, not only 500 GW of RE installation has to be done by 2030 but also the NDC target also we have to achieve. What it means is another additional 320 gigawatts of RE is to be installed at the same time, approximately 30 to 35 GW of thermal is going to be installed.
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