Indian Renewable Energy Development Agency (IREDA) has received approval from Department of Investment and Public Asset Management (DIPAM) vide OM dated 10 October, 2024, and from Ministry of New and Renewable Energy (MNRE) for setting up of a wholly-owned subsidiary.
The subsidiary will be for retail business such as PM KUSUM, rooftop solar and other B2C segments in RE and emerging sector including EVs, energy storage, green technologies, sustainability, and energy efficiency.