Image used for representational purposes. NEW DELHI: In a major boost to renewable energy financing in India, Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) for co-lending and loan syndication of renewable energy projects across the country.Through this strategic partnership, IREDA and PNB will jointly provide financial assistance for various renewable energy projects including solar, wind, small hydro, biomass etc. IREDA is India’s leading public sector financial institution dedicated to clean energy financing.The scope covers activities like co-lending, loan syndication, underwriting and…
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IREDA and PNB Join Hands to Co-Finance Green Energy Projects Across India
