Reliance Capital arm will be receiving loan assistance from IREDA, to utilize funds for on-lending to renewable energy sector.
Reliance Money said in a statement,”Reliance Money signs Rs.300 crore agreement with Indian Renewable Energy Development Agency Ltd (IREDA).”
As per Devang Mody, Executive Director and CEO, Reliance Commercial Finance Limited (RCFL),”Our partnership with IREDA opens new opportunities for us to create solutions for renewable power sector.”