IREDA signs Performance MoU with MNRE, Rs. 8,200 Crore Revenue Target for FY 2025-26
India, Aug. 25 -- Indian Renewable Energy Development Agency Limited (IREDA) today signed a performance-based Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, outlining strategic targets for the fiscal year 2025-26.The MoU was signed by Shri Santosh Kumar Sarangi, Secretary, MNRE and Shri Pradip Kumar Das, Chairman & Managing Director, IREDA at Atal Akshay Urja Bhawan, New Delhi, in the presence of senior officials from MNRE and IREDA.Under the MoU, the Government of India has set a Revenue from Operations target of ?8,200 crores for FY 2025-26. IREDA had exceeded its Revenue from Operations target in FY 2024-25, achieving Rs. 6,743.32 crores against the target of Rs. 5,957 crores. The...
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