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Bank of Baroda, KfW partners to fund solar projects

This proposal constitutes part of the overarching Indo-German Solar Energy Partnership, BoB said in a statement on Friday.

February 22, 2019 / 08:36 PM IST
 
 
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Bank of Baroda (BoB) has tied up with Germany's KfW Development Bank to extend funding of USD 113 million to refinance solar projects, under the Solar Partnership II – Promotion of Solar PV in India.

This proposal constitutes part of the overarching Indo-German Solar Energy Partnership, BoB said in a statement on Friday.

Under an inter-governmental MoU in 2015, Germany has committed to providing financing support through KfW Development Bank for solar photo voltaic investments, it said.
PTI
first published: Feb 22, 2019 08:33 pm

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