Cabinet approves Rs 1500 Cr infusion in IREDA

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi, approved the equity infusion of Rs.1500 crore in Indian Renewable Energy Development Agency Limited (IREDA) on January 19, 2022.

This infusion will raise the lending capacity of IREDA to Rs 12,000 crore to the renewable energy sector.

The Cabinet has also approved an extension of tenure of the National Commission for Safai Karamcharis beyond March 31, 2022, for three years.