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). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: 'ENERGY FOR EVER'

Object:

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.

To strive to be competitive institution through customer satisfaction.

To maintain its position as a leading organization to provide efficient and effective financing in renewable energy and energy efficiency/conservation projects.

Improvement in the efficiency of services provided to customers through continual improvement of systems, processes and resources.