Google-IREDA plans to mobilize ₹24,200 Crore for renewable energy infrastructure in FY 2024-25.
-Funding mix includes Taxable Bonds, Green Taxable Bonds, Sub-ordinated Tier-II Bonds, Perpetual Debt Instruments, and Green Masala Bonds.
-Term loans from domestic entities and credit lines from international bodies are part of the strategy.
-The initiative aims to accelerate renewable energy sector growth and support India’s green energy goals.
-Shri Bijay Kumar Mohanty was appointed as interim Director, emphasizing a focus on technical capabilities.
Originally published on Solar Quarter