IREDA Granted Navratna Status: Boosting Renewable Energy Development
| Key Aspect | Details |
|---|---|
| Event | IREDA granted 'Navratna' status |
| Total Navratna PSEs (Post-IREDA) | 17 |
| Investment Capacity | Up to ₹1,000 crore without prior government approval |
| Role of IREDA | Non-Banking Financial Institution promoting renewable energy projects |
| Established | March 1987 |
| Headquarters | New Delhi |
| Government Ownership | 75% |
| Objective | Financial assistance for renewable energy and energy efficiency initiatives |
| Autonomy | Enhanced financial and operational autonomy |