KfW (German Development Bank) Signs A Euro 100.1 Million Loan and Financing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... KfW (German Development Bank) Signs A Euro 100.1 Million Loan and Financing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation. - News and Press Release Dated:- 30-3-2012 - News - Press Information Bureau Government of India Ministry of Finance 30-March-2012 16:50 IST KfW (German Development Bank) Signs A Euro 100.1 Million .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Loan and Financing Agreement with Rural Electrification Corporation (REC) under Indo-German Bilateral Development Cooperation Under the umbrella of Indo-German Bilateral Development Cooperation Programme, an Agreement was signed here today between Rural Electrification Corporation (REC) and KfW (German Development Bank) for a loan of Euro 100.1 million (including a grant component of Euro 0.5 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... million) for financing Clean Energy for Rural Development projects. The loan agreement was signed by Mr. Rajeev Sharma, Chairman Managing Director, REC and Mr. Oscar von Maltzan, Country Director (India), KfW. A Guarantee Agreement was also signed between KfW and the Government of India represented by Mr. Prabodh Saxena, Joint Secretary, Department of Economic Affairs, and Ministry of Finance. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The loan component is proposed to support such projects in the field of renewable energy and/or energy efficiency which contribute to rural development. This is the third Line of Credit that REC is receiving under the Bilateral Developemnt Programme between India and Germany. ***** SS/GN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanage .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mentindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X