India and Germany on Wednesday signed two agreements on “green energy corridors” under which Delhi will receive almost 900 million euros loan from the European nation.
This includes 5.45 million euros for consultancy projects of German Environment Ministry and a commitment for 250 million euros to support the feeding of power from renewable sources into India’s grid.
The agreements were signed as German President Joachim Gauck, who is currently visiting India, met PM Manmohan Singh in New Delhi. The two held talks for an hour-and-half and discussed issues such as trade, science and technology, vocational training and Afghanistan. While there was no official statement from either side on the talks, sources termed them “very warm” and “cordial”.
- Mumbai’s Haji Ali Dargah Trust to SC: Ready to give women access to sanctum sanctorum
- Samajwadi Party Crisis: 5 Quotes By Mulayam Singh Yadav At Press Conference
- Ae Dil Hai Mushkil Vs Shivaay: What Delhites Pick
- Supreme Court Directs Vijay Mallya To Fully Disclose Foreign Assets In 4 Weeks
- 5 Reasons To Watch Ae Dil Hai Mushkil
- BSP Supremo Mayawati Criticises PM Modi Over Triple Talaq: Here’s What She Said
- Google Pixel XL Phone Review: Pros, Cons And Final Verdict
- Defence Minister Manohar Parrikar Says Army donation Is Voluntary
- Rock On 2 Trailer Launch: Farhan Akhtar, Shraddha Kapoor, Prachi Desai On Their Roles
- Cyrus Mistry’s Career Timeline
- Stalker Kills Woman At Metro Station In Gurgaon: Here’s What Happened
- Bigg Boss 10 October 24 Review: Seven Contestants Nominated For Evictions
- Power Struggle In Mulayam’s Party: Here’s What People Reacted
- 1 Dead, 5 Injured In Low Intensity Explosion In Delhi’s Naya Bazaar Area
- Delhi: Naya Bazar Explosion Cctv Footage
“We have adjusted our cooperation instruments in line with the times. India is an emerging economy that still requires high levels of investment. At the same time, it is an equal partner for us. By focusing our cooperation on energy efficiency and renewable energy… we are addressing issues important for the future,” said Germany’s minister for economic cooperation and development Gerd Mueller after he signed the agreements with Finance Minister P Chidambaram.