Bid & Tender


EIB, IREDA Collaboration to Finance Renewable and Green Hydrogen Projects

The European Investment Bank (EIB) and India's state-owned Renewable Energy Development Agency (IREDA) are exploring a partnership to finance renewable energy and green hydrogen projects.


The collaboration will provide much-needed assistance for the development of renewable energy and green hydrogen projects in India, as well as contribute to the government's goal of achieving 50 percent of installed energy capacity from non-fossil fuel sources by 2030.


IREDA is a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE) that promotes, develops, and extends financial assistance for the establishment of projects involving new and renewable energy sources, as well as energy efficiency and conservation.


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