IREDA granted 'Navratna' status
These companies have the autonomy to invest up to ₹1,000 crore. IREDA is a Non-Banking Financial Institution engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation.
New Delhi: Public sector () Friday said the had granted it the '' status, according to a company filing with the .This takes the total number of navratna PSEs to 17.
These companies have the autonomy to invest up to ₹1,000 crore. IREDA is a engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. Ireda scrip closed at ₹170.65, 2.03% higher from Thursday's close, on the Bombay Stock Exchange on Friday.
Source: Stocks-Markets-Economic Times
