Govt signs 140 mn euro loan agreement with KfW for energy sector reforms
The Government of India (GoI) and the German development bank KfW on Thursday signed agreements for a Euro 140 million reduced interest loan and Euro 2 million grant for an energy reform programme in Madhya Pradesh.
The project will contribute to a more stable, secure and climate and environmentally friendly energy supply in India by upgrading and strengthening distribution networks in Madhya Pradesh, the finance ministry said in a statement.
