Solar power projects get $113 million funding boost from KfW-Bank of Baroda tie-up

The funding will be done as part of the scheme Solar Partnership II – Promotion of Solar PV in India, under the Indo-German Solar Energy Partnership ETEnergyWorld  |  February 22, 2019, 19:01 IST
Solar power projects get $113 million funding boost from KfW-Bank of Baroda tie-up New Delhi: Bank of Baroda and Germany’s KfW Development Bank today announced they have joined hands to extend funding of $113 million to refinance solar power projects in India.

The funding will be done as part of the scheme Solar Partnership II – Promotion of Solar PV in India, under the Indo-German Solar Energy Partnership.

Germany had in 2015 committed to provide financing support through KfW Development Bank for solar Photo Voltaic investments as part of an inter-governmental agreement.