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PFC Signs EUR 150 Million Loan Agreement with Germany’s KfW to Finance RDSS Projects

Power Finance Corporation Ltd. (PFC) has signed a EUR 150 million loan agreement with Germany’s KfW to finance projects under the Government of India’s Revamped Distribution Sector Scheme (RDSS) aimed at boosting power distribution efficiency nationwide.
KfW | August 22, 2025 | By Mrinmoy Dey | 1109
SBI to Secure EUR 70 Million LoC from KfW for Solar Projects in India

The agreement is set to take place at SBI’s IFSC Gift City Branch in Ahmedabad.
KfW | December 14, 2023 | By Abha Rustagi | 2441
IREDA’s Overseas Office to Open in Gujarat’s GIFT City

The office would allow IREDA to avoid foreign exchange hedging costs. Over the past three years, the finance agency has been able to lower its Net NPAs to 2.03 percent from 7.18 percent.
KfW | February 27, 2023 | By Anurima Mondal | 2247
KfW Grants EUR 150M Loan to Back Solar in India

India has set itself the ambitious goal of expanding solar energy eightfold in the coming years. KfW is promoting this on behalf of the German Federal Government with a loan of EUR 150 million.
KfW | November 11, 2022 | By News Bureau | 2278
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