IREDA declares dividend of Rs 128 crore at 32nd AGM
At its 32nd Annual General Meeting, IREDA, a PSU under the Ministry of New and Renewable Energy, declared a dividend of Rs 128.19 crore
PSU Watch - September 30, 2019
New Delhi: At its 32nd Annual General Meeting (AGM) on Monday, Indian Renewable Energy Development Agency Limited (IREDA), a PSU under the Ministry of New and Renewable Energy (MNRE), declared a dividend of Rs 128.19 crore. During FY 2018-19, the PSU has sanctioned loans of Rs 11,941.87 crores and disbursed Rs 9,385.37 crores for renewable energy projects. Projects sanctioned by IREDA during the year are expected to result in renewable energy capacity addition of 3266.37 MW, IREDA's CMD Parveen Kumar said. The meeting was chaired by IREDA’s CMD.