#1
11th March 2016, 10:37 AM
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IREDA Interest Rates
Hello, I want to know the details of the interest rates on the loan provided by the Indian Renewable Energy Development Agency Ltd.
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#2
11th March 2016, 10:37 AM
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Re: IREDA Interest Rates
Hello, here I am providing you the details of the interest rates on the loan provided by the Indian Renewable Energy Development Agency Ltd as under: About the company: Ministry of New and Renewable Energy or MNRE is a ministry of Government of India. The ministry is currently headed by Piyush Goyal, a Cabinet Minister. The ministry was established as the Ministry of Non-Conventional Energy Sources in 1992. Interest Rate matrix for Sectors w.e.f. 22.06.2012 Onwards Borrower / Sector Interest Range (p.a.) Schedule A, 'AAA' Rated PSUs 11.50% State Sector Borrowers 11.50% - 11. 90% Wind Energy, Co-generation & Hydro 11.90% - 12.50% Solar PV & Energy EE/ EC 12.25% - 13.00% Solar Thermal & Biomass Power 12.50% - 13.25% Sectors other than above 13.50% Manufacturing (All Sectors) Companies having existing units - 13.50% Green Field ā 13.75% Sector Financed Hydro Energy Wind Energy Solar Energy Energy Efficiency & Conservation (Including DSM) New & Emerging Technologies Bio Energy Requirement of External Credit Rating Developmental Activities /Initiatives Contact details: Corporate Office 3rd Floor, August Kranti Bhawan, Bhikaiji Cama Place, New Delhi ā 110 066. Tel: +91 11 26717400 - 26717412 Fax: +91 11 26717416 Email: cmd@ireda.gov.in |