Q61. Indian Renewable Energy Development Agency Limited (IREDA):

1. It is a Navratna, under Government of India.

2. It comes under the administrative control of Ministry of New and Renewable Energy (MNRE)

3. It gives financial support to specific projects and schemes for generating electricity through new and renewable sources.

Select the correct answer using the code given below:

(a) Only 1 and 2

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(b) Only 2 and 3

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(d) All of the above

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Solution

The correct option is B
(b) Only 2 and 3

Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). It’s one of the objectives is 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.

Indian Renewable Energy Development Agency Ltd (IREDA) is providing sub-loans to states to invest in various solar parks.

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Similar questions

Q91. Which of the statement given below about Bureau of Energy Efficiency is/are correct?

1. It gives financial assistance to institutions for promoting efficient use of energy.

2. It is a statutory body under Energy Conservation Act, 2001.

3. It works under Ministry of New and Renewable Energy.

Select the correct answer using the code given below.

Consider the following statements about IREDA, a Public Limited Government Company:

Which of the above statements is/are not correct?

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