Germany extends $2.25 billion support to India for clean energy corridor, solar projects

06-Oct-2015 #Policy News Source: Economic Times

German Chancellor Angela Merkel and PM Modi held discussions on a wide range of issues including deepening bilateral engagement in defence, security, education and renewable energy among others. Both the countries have signed 18 MoUs for cooperation in various fields including higher education, civil aviation, railways and food safety. Following the talks, Germany has pledged to give India a lump sum assistance of $2.25 billion for developing solar projects.

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