The State-controlled renewable energy and energy efficiency lender has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector. January 12, 2022 Uma Gupta BluSmart electric mobilityBluSmart/bpThe Indian Renewable Energy Development Agency (IREDA), a State-controlled renewable energy and energy efficiency lender under the Ministry of New and Renewable Energy, has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector. Under the scheme, it shall also provide finance for EV fleet owners/operators and charging Infrastructure owners—thus financing the entire value chain of green mobility.Technologies eligible for financing include “battery energy storage systems (BESS) and batteries, projects involving production of…
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