Indian Renewable Energy Development Agency Limited (IREDA) will be partnering with the European Investment Bank to achieve its climate goals, and meet its commitment to support the growth of renewable energy in India through financing.
This collaboration will provide much-needed support for the development of renewable energy and green hydrogen projects in India, helping to open up new opportunities for the country’s citizens and advancing the Government of India’s goal of achieving 50 per cent of its installed energy capacity from non-fossil fuels by the year 2030.