Breaking News

You are here » Indian-Commodity  :  Investment  :  Bank of Baroda ties up with KfW to fund solar projects

25-Feb2019

Bank of Baroda ties up with KfW to fund solar projects

Bank of Baroda has tied up with Germany's KfW Development Bank to extend funding of $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.

Under an inter-governmental Memorandum of Understanding (MoU) in 2015, Germany has committed to providing financing support through KfW Development Bank for solar photo voltaic investments.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.


Related News

View all news

Sonata Software makes strategic investment in Retail10x

Sonata Software has made a strategic investment in Retail10x, a Palo Alto, California Headquartered Retail AI software-as-service platform company. The platform leverages advanced AI and ML capabilities......

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

Top News

View all news

Lupin receives USFDA's approval for Sildenafil Tablets

Lupin has received approval for its Sildenafil Tablets USP, 25 mg, 50 mg, and 100 mg from the United States Food and Drug Administration (USFDA) to market a generic version of Pfizer Inc's Viagra Tablets,......

HCL features as leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019

HCL Technologies (HCL) has been recognized as a leader in Everest Group's Cloud Enablement Services PEAK Matrix Assessment 2019. Everest Group assessed the global cloud enablement service providers and......

Time Technoplast bags order for supply of PE Pipes

Time Technoplast has secured an order for supply of High Quality, High Pressure PE Pipes for prestigious water supply project in India assisted by International Development Agencies. This order from India's......