Cabinet has okayed Rs 1,500 crore fund infusion in IREDANew Delhi: Government will instill Rs 1,500 crore in the Indian Renewable Resource Advancement Firm Limited (IREDA), hence raising its loaning capability to Rs 12,000 crore.A proposition regarding this was authorized by the Cabinet Committee on Economic Affairs (CCEA) during its conference held on Wednesday.Briefing press reporters after the Cabinet conference, details and broadcasting minister Anurag Thakur stated the decision has actually been taken in the wake the RBI's financing norms.The minister stated the infusion of Rs 1,500 crore will make it possible for IREDA to lend Rs 12,000 crore to the eco-friendly sector.The Cabinet choice will assist IREDA to create renewable resource capacity of 3,500 mega watt to 4,000 mega watt.