Panel for special lending window for IREDA

The parliamentary committee on energy has recommended that state-run lender Indian Renewable Energy Development Agency (IREDA) should be given a special window for borrowing at repo rate. This will ensure the availability of low-cost funding for the for renewable energy (RE) sector as the government aims to achieve the target of raising the installed RE capacity to 500 giga-watt (GW) by 2030 from the current level of 105 GW.