GOI and KFW Sign Loan Agreements for Green Energy Projects

Government of India and KFW (Federal Republic of Germany) signed two loan agreements worth Euro 125 Millions for financing two projects under the Green Energy Projects (GEC) programme- Himachal Pradesh (Euro 57 million) and Andhra Pradesh (Euro 68 million). With the Green Energy Corridors, the intra-State network will feed the renewable energy to the respective State grids and the high capacity transmission corridors and inter-State network will connect major renewable energy pockets with the national grid.

Renewable Energy is one of the key areas of Indo-German partnership mentioned in the Joint Statement of Hannover in April 2015 and with financing of the transmission infrastructure of Renewable Energy projects, the Central and State grids will be strengthened to evacuate more green energy.

Facts About Germany
  • In Germany, there’s no punishment for a prisoner who tries to escape from jail because it is a basic
    human instinct to be free.
  • In Germany, it is illegal to run out of fuel on highways.
  • From 1989 to 2009, about 2,000 schools were closed in Germany because of a scarcity of children.
  • The population of Germany is in decline. It has fallen by 2 million in the last decade.
  • Performing the Nazi salute in Germany is a criminal offence punishable by up to 3 years in prison.

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