Indian Renewable Energy Development Agency Limited Annual Report

Details related to objectives of the company financial status projects and schemes for generating electricity or energy through new or renewable sources are given.

Indian renewable energy development agency limited annual report.

60 000 002 000 and its paid up capital is rs. It is classified as union govt company and is registered at registrar of companies delhi. The initial public offer of state owned indian renewable energy development agency will be launched before september 2019 a top official said on thursday we can raise up to 15 per cent of our equity. September 05 2020 07 21 ist.

1970s energy crisis led to the establishment of the commission for additional sources of energy case in the department of science technology india in march 1981. Bidders can furnish letter of undertaking instead of bank guarantees for renewable power projects. 774ireda31 quarterly report. As a part of its paris agreement commitments the government has set an ambitious target of achieving 175 gigawatt gw of renewable energy capacity by 2022.

India is running one of the largest and most ambitious renewable capacity expansion programs in the world. Welcome to indian renewable energy development agency limited. Get the complete financial report quarterly statements and other important stock market reports of indian. Indian renewable energy development agency ltd.

Indian renewable energy development agency limited is a public incorporated on 11 march 1987. The case was responsible for the formulation of policies and their implementation creation of programmes for development of new and renewable energy and coordinating and intensifying r d in the sector. In 2019 at un climate summit india announced that it will be more than doubling its renewable energy target from 175gw by 2022 to 450gw of renewable energy by the same year.

Its authorized share capital is rs. The approval was for 13 90 crore equity shares this will be around worth rs 750 crore. Newer renewable electricity sources are projected to grow massively by nearer term 2022 targets including a more.