IREDA Subsidiary Expands to GIFT City, Eyes Global Finance Opportunities
2025-02-18

cnbctv18
In a significant move, IREDA, a key player in India's renewable energy sector under the Ministry of New and Renewable Energy, has secured provisional registration for its subsidiary as a finance company in GIFT City. This strategic expansion aims to leverage international financial markets, promoting sustainable energy investments and furthering the country's renewable energy goals. With this development, IREDA is poised to tap into global finance opportunities, fostering growth in the renewable energy sector and supporting the transition to a low-carbon economy, driven by innovative financing solutions and green energy initiatives.