NEW DELHI: The Indian Renewable Energy Development Agency has signed a memorandum of understanding with India Infrastructure Finance Company Limited to extend lending as a consortium for renewable energy and energy efficiency projects.

IREDA and IIFCL will work closely to provide financing to various organisations in the public sector and public-private partnership projects. The MoU was signed here by IREDA CMD Debashish Majumdar and IIFCL CMD S. S. Kohli.

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