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    <title>KfW (German Development Bank) Signs A Euro 100.1 Million Loan and Financing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation.</title>
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    <description>A loan and financing agreement between KfW and REC under the Indo German Bilateral Development Cooperation provides a loan with an embedded grant component to finance the Clean Energy for Rural Development initiative, targeting renewable energy and energy efficiency projects that contribute to rural development. A Guarantee Agreement between KfW and the Government of India supports the transaction. This facility constitutes the third line of credit to REC under the bilateral programme and functions as a development financing instrument combining concessional grant support with loan finance.</description>
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