This is the fifth credit line signed between REC Ltd and KfW for financing power sector projects and the third credit line for the financing of renewable energy projects. State-owned REC Ltd has signed a pact with KfW Development Bank to avail USD 169.5 million to the power finance sector and renewable energy projects. “REC […]
REC avails ODA loan of USD 169.5 million from KfW Development Bank – EQ Mag Pro
REC Limited has entered into an agreement with KfW Development Bank for availing ODA term loan of USD 169.5 million under Indo-German Bilateral Partnership in accordance with the approval granted by Department of Economic Affairs, Ministry of Finance, Govt. of India. Proceeds of ODA loan will be deployed for part financing of innovative Solar PV […]
The Largest Commercial PV Project in Armenia is Completed
2.2MW ArSun-1&2 PV project, the largest commercial solar power station in Armenia, set to reportedly provide electricity supply in Hrazdan community were inaugurated by the developer Shtigen LLC (KSTAR’s Exclusive distributor in the country) on November 13th, 2019. Shtigen LLC, the exclusive agency of KSTAR in Armenia, is a professional PV solutions provider,who is committed […]