Question

    Indian Renewable Energy Development Agency Limited (IREDA) has signed a loan agreement with KFW, the total sanctioned amount of the agreement is EUR ____.

    A 10 Correct Answer Incorrect Answer
    B 15 Correct Answer Incorrect Answer
    C 18 Correct Answer Incorrect Answer
    D 20 Correct Answer Incorrect Answer
    E 25 Correct Answer Incorrect Answer

    Solution

    Indian Renewable Energy Development Agency Limited (IREDA) has signed a loan agreement with KFW namely, KFW VI line of credit for financing ‘Access to Clean Energy Projects’ meant for decentralized solar applications. The total sanctioned amount of the agreement is EUR 20 million. The entire amount has been utilized as of 30th March, 2022.

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