New Delhi, Oct 6 (KNN) Government of India and KFW (Federal Republic of Germany) have signed two loan agreements worth Euro 125 million,  Euro 57 million for Himachal Pradesh and Euro 68 million for Andhra Pradesh,  for financing two projects under the Green Energy Projects (GEC) programme.

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, Finance Ministry said in a release today. 

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. (KNN Bureau)