With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct?

Monjur Alahi

With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct?

1. It is a Public Limited Government Company.

2. It is a Non - Banking Financial Company.

Select the correct answer using the code given below.

(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 or 2


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Salim Ahmed Kawsar

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(c) IREDA is a Public Limited Government Company which was established as a Non-Banking Financial Institution in 1987 under the administrative control of MNRE to promote, develop and extend financial assistance for renewable energy and energy efficiency /conservation projects with the motto: "ENERGY FOR EVER".

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