Germany’s KfW Loans $218 Million for Solar Capacity Expansion in India

KfW has provided funding of nearly Є1 billion under the Indo-German partnership

December 21, 2023

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German development bank Kreditanstalt für Wiederaufbau (KfW) has granted a Є130 million (~$142 million) loan to the Indian Ministry of Finance and a Є70 million (~$ 76 million) loan to the State Bank of India (SBI) recently. The funds will be used to expand solar generation capacity under the Indo-German solar partnership.

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Germany’s KfW Loans $218 Million for Solar Capacity Expansion in India

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