Bank of Baroda partners with KfW Bank partners to fund solar projects
- Country:
- Germany
- India
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.
(With inputs from agencies.)
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