Indian Renewable Energy Development Agency Limited

Table of Contents☰

About IREDA:

IREDA is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE).
It is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy.
IREDA has been notified as a “Public Financial Institution” under the Companies Act, 1956 and registered as Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI).
IREDA’s Motto is “Energy for Ever.”

The main objectives of IREDA are :

To give financial support to specific projects and schemes for generating electricity and / or energy through new and renewable sources and conserving energy through energy efficiency.
To maintain its position as a leading organisation to provide efficient and effective financing in renewable energy and energy efficiency / conservation projects.
To increase IREDA`s share in the renewable energy sector by way of innovative financing.
Improvement in the efficiency of services provided to customers through continual improvement of systems, processes and resources.
To strive to be competitive institution through customer satisfaction.

Source : PIB

Latest UPSC Exam 2026 Updates

Last updated on Sep, 2026

→ UPSC 2027 Notification will be released on 13 January 2027 at upsconline.nic.in.

→ Check out the latest UPSC Syllabus here.

→ Download UPSC Model Answers for Mains 2026

→ UPSC Mains Question Paper 2026 is out now for Essay & GS Paper 1, 2, 3 & 4.

→ UPSC Calendar 2027 has been released.

→ Enroll in Vajiram & Ravi’s UPSC Mains Test Series 2027 for structured answer writing practice, expert evaluation, and exam-oriented feedback.

→ Join Vajiram & Ravi’s UPSC Mentorship Program 2027 for personalized guidance, strategy planning, and one-to-one support from experienced mentors.

→ Go through the UPSC Mains Previous Year Papers to enhance your preparation.

→ UPSC has released UPSC Toppers List 2025 with the Civil Services final result on its official website.

→ Also check Best UPSC Coaching in India

Vajiram Content Team

At Vajiram & Ravi, our team includes subject experts who have appeared for the UPSC Mains and the Interview stage. With their deep understanding of the exam, they create content that is clear, to the point, reliable, and helpful for aspirants.Their aim is to make even difficult topics easy to understand and directly useful for your UPSC preparation—whether it’s for Current Affairs, General Studies, or Optional subjects. Every note, article, or test is designed to save your time and boost your performance.