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Govt invites Germany’s state-run KfW to fund transmission projects

By : Sustainability ..., Feb 20, 2020

Indian government representatives on Wednesday met representatives of Germany’s state-run bank KfW to discuss the financing of new transmission projects being built across the country for upcoming renewable energy projects. KfW has already promised to loan 500 million euros...

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India, Germany ink pact for Rs 1,958 cr finance to develop energy-efficient housing programme

By : Sustainability ..., Dec 17, 2019

India has secured a USD 277 million (about Rs 1,900 crore) loan from Germany to establish an energy-efficient housing programme in the country. A loan agreement has been signed between State Bank of India (SBI) and German development bank KfW for USD 277 million to establish...

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Plan to bring rooftop solar scheme with KfW, says Nitin Gadkari

By : Sustainability ..., Dec 4, 2019

The government is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Union minister of micro, small and medium enterprise (MSME) Nitin Gadkari said. Gadkari said the government...

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Chennai misses out on electric buses in first phase of roll-out

By : Sustainability ..., Nov 25, 2019

The city will have to wait for an electric bus fleet even as six other cities are set to get 525 electric buses in the first phase of the roll-out. The State Transport Department has floated tenders and is waiting to finalise and award the contract soon for purchasing the 525...

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

By : Sustainability ..., Feb 25, 2019

 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....

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Kerala government to buy 2000 electric buses with German aid

By : Sustainability ..., Feb 4, 2019

The state government of Kerala will purchase 2,000 low maintenance, battery-operated buses and...

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REC signs 200 million euro loan agreement with German bank KfW

By : Sustainability ..., Aug 16, 2018

State-owned power sector lender Rural Electrification Corporation (REC) today announced it has signed a Euro 200 million loan agreement with German bank KfW for renewable energy projects....

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Germany to provide India a 1 billion Euro soft loan for 'Green Energy Corridors'

By : sustainabilityo..., Dec 16, 2016

Union Minister of state (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply in Lok Sabha on Thursday said that in order to facilitate integration of large...

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Madhya Pradesh government readies blue print for Green Energy Corridor Project

By : sustainabilityo..., Sep 20, 2016

Madhya Pradesh government has readied its blue-print for the Rs 4000 crore worth Green Energy Corridor project spearheadeed by Power Grid Corporation (PGCIL), as next five years would add...

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Subject Tags: Green Energy , KfW , policy , power

IREDA & KfW sign € 20 million Loan Agreement

By : sustainabilityo..., Jul 4, 2016

KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have today signed the 6th Line of Credit (LoC) for € 20 million to be utilized by IREDA for “Access to Energy” by...

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Subject Tags: finance , IREDA , KfW