IREDA formalizes a strategic MoU with Indian Overseas Bank for co-lending and loan syndication in Renewable Energy projects, signed on January 16, 2024, at IREDA’s New Delhi Business Centre; the collaboration includes streamlined processes, TRA management, and aims to achieve the national target of 500 GW Non-Fossil-based electricity generation capacity by 2030, building on IREDA’s successful partnerships with institutions like Bank of Baroda and Bank of India in co-lending for Renewable Energy projects.