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The ministry of new and renewable energy mnre is a ministry of the government of india that is mainly responsible for research and development intellectual property protection and international cooperation promotion and coordination in renewable energy sources such as wind power small hydro biogas and solar power.
Indian renewable energy development agency. Solar energy corporation of india is the renewable energy ministry s nodal agency that is responsible for conducting wind and solar auctions. Its today s share price is 0. Being a nodal agency jreda is working for implementation of fiscal and financial incentives made available by the ministry of new and renewable energy. It had issued the tender on friday with a ceiling tariff of rs 2 93 per unit.
The broad aim of the ministry is to develop and deploy new and. Its current market capitalisation stands at rs 0 cr. India ratings and research ind ra has assigned ind aa rating with stable outlook to state run indian renewable energy development agency s rs 20 billion tax free bonds. Users can find information related to sectors financed by the ireda such as hydro energy wind energy.
The jharkhand renewable energy development agency ltd jreda is incorporated as a society in year 2001 under the administrative control of the department of energy govt of jharkhand for promoting use of renewable energy sources in the state. Indian renewable energy development agency ltd. Welcome to indian renewable energy development agency limited.
Get information about the indian renewable energy development agency limited. The indian renewable energy development agency ireda offers a credit enhancement guarantee scheme to support the issuance of bonds by wind and solar energy project developers. Draft offer documents filed with sebi. The ceiling tariff had earlier been revised from rs 2 85 per unit to rs 2 93 to encourage participation.
By providing unconditional and irrevocable partial credit guarantees ireda aims to enhance the credit rating of bonds for renewable energy projects thereby improving. Details related to objectives of the company financial status projects and schemes for generating electricity or energy through new or renewable sources are given.
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