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German bank to lend India Euro 1 bn to strengthen power sector

Minister of State (Independent Charge) for Coal, Power and Renewable Energy Piyush Goyal has said that a development bank owned by the German government, the Kreditanstalt fur Wiederaufbau (KfW), has agreed to provide a concessional loan of a billion euros over the next six years to augment and strengthen the nation’s renewable power transmission infrastructure. […]