CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What amount of capital infusion has been approved by the cabinet in the Indian Renewable Energy Development Agency Limited, (IREDA) in 2022?
A
Rs 2, 500 crore
B
Rs 1, 500 crore
C
Rs 1, 000 crore
D
Rs 2, 000 crore
Explanation: 

Detailed explanation-1: -January 19th, 2022, New Delhi. The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister, Shri Narendra Modi, today approved the equity infusion of Rs. 1500 crore in Indian Renewable Energy Development Agency Limited (IREDA).

Detailed explanation-2: -Govt. approves infusion of Rs. 1000 Cr.

Detailed explanation-3: -The Union Cabinet has approved the infusion of ₹1,500 crores in Indian Renewable Energy Development Agency Limited (IREDA), announced minister Anurag Thakur on Wednesday. “Indian Renewable Energy Development Agency Limited plays a big role in the field of renewable energy.

Detailed explanation-4: -For the upcoming financial year, beginning April 2022, the government has proposed a total expenditure of ₹28,570.99 crore by IREDA and SECI, against a Budget expenditure of ₹11,778 crore in FY22. The revised expenditure by both the agencies in the current fiscal stands at ₹21,474.19 crore.

Detailed explanation-5: -IREDA has been awarded “Mini Ratna” (Category -I) status in 2015 by Ministry of New and Renewable Energy (MNRE).

There is 1 question to complete.