IREDA Inks Deal To Solarise CIPET Campuses

New Delhi: The Indian Renewable Energy Development Agency Ltd (IREDA) and the Central Institute of Petrochemicals Engineering and Technology (CIPET) on Friday to provide techno-financial expertise for the solarisation of its campuses.

IREDA and CIPET function under the Ministry of New and Renewable Energy (MNRE) and the Ministry of Chemicals and Fertilizers, respectively.

“IREDA today signed a Memorandum of Understanding (MoU) with CIPET to provide techno-financial expertise for solarization of CIPET campuses,” the MNRE was quoted as saying by news agency PTI.

Chairman and managing director (CMD), IREDA, Pradip Kumar Das, signed the MoU with and director-general, CIPET, Shishir Sinha.

“The agreement is expected to bring in best practises by combining the experience of both organisations and to advance the Hon’ble Prime Minister’s vision for the country’s long-term growth through green energy,” IREDA’s CMD Pradip Kumar Das was quoted as saying by the agency.

“The government aims to source 50 per cent of its energy from renewable sources, and these partnerships will help us accomplish the goal,” he added.

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