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.
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....fW (German Development Bank) Signs A Euro 100.1 Million Loan and Financing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation. <br>News and Press Release<br>Dated:- 30-3-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 30-March-2012 16:50 IST KfW (German Development Bank) Signs A Euro 100.1 Million Loan and Fin....
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....ancing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation Under the umbrella of Indo-German Bilateral Development Cooperation Programme, an Agreement was signed here today between Rural Electrification Corporation (REC) and KfW (German Development Bank) for a loan of Euro 100.1 million (including a grant component of Euro 0.5 million) for fi....
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....nancing "Clean Energy for Rural Development" projects. The loan agreement was signed by Mr. Rajeev Sharma, Chairman & Managing Director, REC and Mr. Oscar von Maltzan, Country Director (India), KfW. A Guarantee Agreement was also signed between KfW and the Government of India represented by Mr. Prabodh Saxena, Joint Secretary, Department of Economic Affairs, and Ministry of Finance. The loan comp....
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....onent is proposed to support such projects in the field of renewable energy and/or energy efficiency which contribute to rural development. This is the third Line of Credit that REC is receiving under the Bilateral Developemnt Programme between India and Germany. ***** SS/GN<BR> News - Press release - PIB....


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