Team Herald
PANJIM: The Indian Renewable Energy Development Agency Limited (IREDA) on Saturday signed a Memorandum of Understanding (MoU) with the Goa Shipyard Limited (GSL), Vasco to provide its techno-financial expertise to set-up a rooftop solar power project.
The two companies are PSUs under the Ministry of New and Renewable Energy and the Ministry of Defence, respectively.
The MoU was signed by Pradip Kumar Das, Chairman and Managing Director (CMD) of IREDA and Commodore Bharat Bhushan Nagpal, Chairman and Managing Director of GSL in the presence of senior officials.
Under the MoU, the IREDA will assist the GSL to set-up a rooftop solar power project at the headquarter of the company situated at Vasco Da Gama. The IREDA will also extend its techno-commercial expertise to GSL for Environmental and Social (E&S) due diligence of rooftop solar and other RE projects as per the internationally accepted E&S standards.
After setting up a rooftop solar power project at its building, the GSL will be able to bring down the expenditure on electricity and reduce its carbon footprint as well, states a press release.
Speaking on the collaboration, Pradip Kumar Das, said, “We are pleased to partner with GSL in their pursuit towards adoption of a clean energy solution. The partnership is expected to bring in good practices by leveraging the expertise of both the companies and to push the vision of the Prime Minister for sustainable development of the country through green energy.”
The Government of India aims to produce 40 GW of solar power through rooftop solar by the end of 2022.
