IREDA sanctions loans for green energy projects in Maharashtra

The Indian Renewable Energy Development Agency (IREDA), a renewable energy project financing company, has authorised Rs 144.45 billion in loans and distributed Rs 100.18 billion to various green energy projects across Maharashtra. Reportedly, IREDA, in collaboration with the Mahratta Chamber of Commerce, Industries and Agriculture, held a workshop in Pune, Maharashtra, on “Greening India with Rene­wables” on May 20, 2022. Of the total loan distribution of Rs 794.46 billion, the company has disbursed Rs 100.18 billion in Maha­rashtra alone. During financial year 2022, IREDA authorised a loan of Rs 25.64 billion to 12 renewable energy project accounts and disbursed Rs 1,362 million in Maharashtra.