India, Germany ink pact for Rs 1,958 cr finance to develop energy-efficient housing programme
New Delhi, Dec 16 () India has secured a USD 277 million (about Rs 1,900 crore) loan from Germany to establish an energy-efficient housing programme in the country.
A loan agreement has been signed between State Bank of India (SBI) and German development bank KfW for USD 277 million to establish an energy-efficient housing programme in India, SBI said in a release.
The financial cooperation pact has been signed in October between the Government of India and the Government of Germany.
The programme shall be part of the Indo-German Development Co-operation, guided by the 2030 Agenda for Sustainable Development, SBI said.
