An MoU was signed between the Indian Renewable Energy Development Agency (IREDA) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT). In accordance with the MoU, IREDA will offer financing facilities to MAHAPREIT for the renewable energy projects to be implemented for state utilities, local bodies and the infrastructure of renewable energy parks.
MoU was signed by Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Bipin Shrimali, CMD, MAHAPREIT. Under this collaboration, IREDA will also undertake Techno-Financial due diligence of renewable energy and energy efficiency and conservation projects for MAHAPREIT.
Speaking on the occasion, CMD, IREDA said: "We are pleased to partner with MAHAPREIT and offer our techno-financial expertise to MAHAPREIT for the sustainable development of Maharashtra. Through this kind of collaboration, we will be able to support Govt. of India achieve its targets of 50% share of energy from non-fossil fuels by 2030. Also, these initiatives could encourage green investment and generate thousands of jobs.
An MoU was signed between the Indian Renewable Energy Development Agency (IREDA) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT). In accordance with the MoU, IREDA will offer financing facilities to MAHAPREIT for the renewable energy projects to be implemented for state utilities, local bodies and the infrastructure of renewable energy parks. MoU was signed by Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Bipin Shrimali, CMD, MAHAPREIT. Under this collaboration, IREDA will also undertake Techno-Financial due diligence of renewable energy and energy efficiency and conservation projects for MAHAPREIT. Speaking on the occasion, CMD, IREDA said: We are pleased to partner with MAHAPREIT and offer our techno-financial expertise to MAHAPREIT for the sustainable development of Maharashtra. Through this kind of collaboration, we will be able to support Govt. of India achieve its targets of 50% share of energy from non-fossil fuels by 2030. Also, these initiatives could encourage green investment and generate thousands of jobs.
Construction World (CW) is India’s premier and largest circulated construction business magazine, covering the gamut from projects, latest construction news in India, construction trends, policies and people to topical concerns, and technology, with reason, intelligence, and objectivity.
A-303, Navbharat Estates, Zakaria Bunder Road, Sewri (West), Mumbai - 400 015, Maharashtra, India
Now get regular updates from CW Magazine on WhatsApp!
Click on link below, message us with a simple hi, and SAVE our number
You will have subscribed to our Construction News on Whatsapp! Enjoy
Stay Updated on India's Construction Economy
Subscribe to CW's Daily Newsletter With Handpicked and Curated Stories
On the latest construction news through our weekly newsletter
Thank you for subscribe our newsletter