Germany to provide Indian with concessional loans for renewable energy projects worth 1 billion Euros

Q.  As per the announcement made by the government on 19th Mar’15, which country has agreed to provide a concessional loan of 1 billion Euro over the next six years to augment and strengthen renewable power transmission infrastructure?
- Published on 28 Mar 15

a. Australia
b. Japan
c. Germany
d. Canada

ANSWER: Germany
 
The government said that Kreditanstalt fur Wiederaufbau (KfW) Germany has agreed to provide a concessional loan of 1 billion Euro.

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