India, Aug. 22 -- State-owned Power Finance Corporation (PFC) on Thursday announced that it has signed a loan agreement worth €150 million with German lender KfW to support projects under the government's electricity distribution reform scheme.
PFC said the agreement extends the long-standing partnership between India and Germany in the energy sector, which has been built over several decades.
KfW, Germany's largest promotional bank, works globally on behalf of the Federal Republic of Germany to enhance economic, social, and environmental sustainability.
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