CBDT Press Release No: (18-Dec-14) Government of India Signs Agreements with Germany worth Euro 625 Million for Financial Cooperation to Support Green Energy Corridors (GEC) Project under Indo German Bilateral Development Cooperation

The Government of India signed Note of Exchange with Government of Germany for financial cooperation to support "Green Energy Corridors (GEC)" project under Indo German bilateral Development Cooperation here yesterday evening. GEC project in power sector aims to create transmission infrastructure in the renewable energy potential rich states and facilitate evacuation of renewable energy (RE) into the national grid. Government of Germany in the year 2012 had indicated its willingness to support the GEC project with funds amounting to...

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