IREDA and PNB have signed a MoU for co-financing green energy projects across India. The agreement aims to facilitate joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects. It strengthens IREDA's partnerships with other financial institutions to fund large-scale renewable energy projects and aligns with Prime Minister Narendra Modi's goal to achieve 500 GW non-fossil fuel-based electricity generation capacity by 2030.
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