IREDA to provide consultancy to Goa Shipyard for solar rooftop project

Representative image

State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in Vasco da Gama, Goa.

With this, GSL will be able to bring down the expenditure on electricity and reduce its carbon footprint as well, IREDA said in a statement. IREDA will also extend its techno-commercial expertise to GSL for Environmental & Social (E&S) due diligence of rooftop solar and other RE projects as per the internationally accepted E&S standards.

ALSO READ: Cabinet nod for Rs 1,500 crore equity infusion in Indian Renewable Energy Development Agency

IREDA and GSL are under Ministry of New and Renewable Energy and Ministry of Defence, respectively. Pradip Kumar Das, CMD, IREDA said, the partnership is expected to bring in good practices by leveraging the expertise of both the companies and to push the vision of the Prime Minister for sustainable development of the country through green energy.