ByTEAM CIRCULAR EXPRESS
TENDERS & PROCUREMENT

SBI and KfW Sign EUR 150 Million Loan Agreement for Climate Friendly Energy Generation

By TEAM CIRCULAR EXPRESS • 06 Jul 2026
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#Gandhinagar#Gujarat#SBI
The State Bank of India (SBI) and the German development bank KfW have signed a loan agreement worth EUR 150 million. This funding is part of the Indo-German Partnership for the Climate Friendly Energy Generation Programme – II. The signing ceremony took place on October 24, 2024, at Gift City, Gandhinagar. The agreement aims to support sustainable energy initiatives through this bilateral cooperation.
Loan Amount
EUR 150 million
Programme Name
Climate Friendly Energy generation Programe u2013 II
Signing Date
24th October, 2024
Location
Gift City, Gandhinagar
Partners
State Bank of India and KfW
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