Tata Cleantech Capital (TCCL) has signed an MoU with Indian Renewable Energy Development Agency (IREDA) to promote the cause of renewable energy in India. TCCL is a joint venture of Tata Capital and IFC Washington.The MoU was signed by Praveen P Kadle, Managing Director and CEO, Tata Capital, and KS Popli, CMD, IREDA. The scope of the MoU includes direct co-financing and co-underwriting besides consortium financing. Both the institutions aim to participate in consortium led by each other.
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