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New Delhi March 1 The Cabinet on Thursday gave its nod for raising the authorised share capital of Indian Renewable Energy Development Agency Ltd (IREDA) from Rs 400 crore to Rs 1,000 crore.

IREDA is a non-banking finance company under the administrative control of the Ministry of New and Renewable Energy.

The Cabinet also gave its approval for introduction of the Foreign Educational Institutions (Regulations of Entry and Operations, Maintenance of Quality and Prevention of Commercialisation) Bill 2007 in Parliament.

This Bill would protect the interest of the student community from sub-standard foreign educational institutions and `fly-by-night' operators.

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Cabinet nod for raising IREDA capital

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