11/10/2024, 2:59:02 pm

IREDA gets DIPAM nod to set up subsidiary to handle retail

State-run IREDA has received approval from DIPAM to set up a wholly-owned subsidiary to undertake retail and B2B business in the renewable energy sector. Indian Renewable Energy Development Agency (IREDA), under the Ministry of new and renewable energy, is a non-banking financial institution. It has received in-principle approval from the Department of Investment and Public Asset Management.