The State Bank of India (SBI) will sign a Euro 70 million Line of Credit with KfW (German Development Bank) for supporting solar photovoltaic projects in India. The signing ceremony will be held at IFSC Gift City Branch, Ahmedabad. This development assumes importance as countries have reached a deal at the COP 28 summit, calling for a reduction in greenhouse gas emissions and transitioning away from fossil fuels in the energy system.
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