GoI, Federal Republic of Germany sign loan agreements for green energy corridor programme

Q.  Government of India has signed two loan agreements with which country for financing projects under Green Energy Corridor Programme?
- Published on 08 Oct 15

a. Australia
b. UK
c. Germany
d. Russia

ANSWER: Germany
 
GoI and Federal Republic of Germany have signed 2 loan agreements totalling 125 million euros for financing projects under Green Energy corridor programme in HP and AP. 57 million Euros will be allocated to HP and 68 million Euros for AP. Green Energy corridor programme seeks promotion of renewable energy into national grid. Renewable energy is one of the key areas of Indo German partnership indicated in the Joint Statement of Hannover in April 2015.

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