Daily Current Affairs Article 10th January 2021: Indian Renewable Energy Development Agency Limited, IREDA under administrative control of Ministry of New and Renewable Energy signed a Memorandum of Understanding with NHPC Limited, the PSU under Ministry of Power for providing its technical expertise in developing renewable energy projects.
Under the MoU, IREDA will undertake Techno-Financial due diligence of Renewable Energy and Energy Efficiency and conservation projects for NHPC.
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IREDA will assist NHPC in developing an action plan to create and acquire Renewable Energy projects for the next five years.
IREDA is under administrative control of Ministry of New and Renewable Energy. NHPC Limited is the PSU under Ministry of Power.
