IREDA Signs JV Agreement with GMR and Others for Hydro-Electric Power Project

The Indian Renewable Energy Development Agency (IREDA) has entered into a Joint Venture (JV) agreement with GMR and other stakeholders for the development of a hydro-electric power project. This strategic partnership aims to enhance India's renewable energy capacity while fostering sustainability in energy production.

The project underscores IREDA's commitment to advancing green energy initiatives and aligns with the government’s target to increase the share of renewables in India's energy mix. The collaboration with GMR and other partners will accelerate the deployment of hydro-electric power, contributing significantly to India's clean energy goals.

Source: Company Announcement