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IREDA plans to establish subsidiary to cater to retail projects

22 Feb 2024 Evaluate

Indian Renewable Energy Development Agency (IREDA) is planning to establish a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other Business-to-Consumer (B2C) segments. IREDA can set up a wholly owned subsidiary to meet the needs of the Retail segments, subject to the approval of the Government of India. 

Indian Renewable Energy Development Agency is a Mini Ratna (Category - I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). 


Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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