IREDA, Indian Overseas Bank tie-up for RE projects

19 Jan 2024 CW Team

The Indian Renewable Energy Development Agency (IREDA) and the Indian Overseas Bank (IOB) have signed a collaborative agreement to co-finance renewable energy projects in India. This partnership aims to accelerate the transition to sustainable energy sources and support the country's commitment to renewable energy goals.

IREDA, a leading financial institution dedicated to promoting renewable energy projects, and IOB, a prominent public sector bank, will pool their resources to provide financial assistance and facilitate the development of clean energy initiatives. The collaboration is expected to enhance the availability of funds for renewable projects, fostering the growth of the green energy sector.

The co-financing agreement emphasizes the importance of public and private sector collaboration in advancing India's renewable energy agenda. By leveraging their respective strengths, IREDA and IOB aim to mitigate financial barriers and stimulate investments in environmentally friendly projects.

The initiative aligns with India's ambitious targets for renewable energy capacity expansion and reflects the government's commitment to reducing carbon emissions. As the demand for clean energy solutions continues to rise, partnerships like these play a crucial role in driving sustainable development and addressing the challenges of climate change.

This collaboration is poised to have a positive impact on the renewable energy landscape in India, unlocking new opportunities for project developers and contributing to the nation's broader objectives of achieving energy security and environmental sustainability.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..