Loans Provided for Renewable Energy Projects in India

By Narsi Santhanam • Jan 16th, 2009 • Category: Uncategorized

The Indian Renewable Energy Development Agency (IREDA) provided Rs. 1265 crore during 2005-08 to 17 States to promote renewable energy projects. During the last 6 years it has provided Rs. 160 crore for the same purpose. IREDA however provides loan to the eligible project promoters/developers for setting up renewable energy/ energy conservation projects. It does not provide any loans to State Government departments.

State-wise details of loans disbursed by IREDA to promoters/ developers during the last three years, and current year i.e. 2005-06, 2006-07, 2007-08 and 2008-09 (upto 30/9/2008) are given in link

About the Author

Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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