Exim Bank gives USD 83 million line of credit to Congo to finance 3 solar power projects

Posted on:24 Mar 2019 09:00:04
Exim Bank gives USD 83 million line of credit to Congo to finance 3 solar power projects
24 March 2019 Current Affairs: Export-Import Bank of India (Exim Bank) signed a loan agreement on behalf of the government of USD 83.11 million to Congo for financing three solar power projects in the central African country.
It aims to provide support for financing three solar photovoltaic power projects with a total capacity of 35 megawatts in the three provinces — Karawa, Mbandaka, and Lusambo.
Export-Import Bank of India (Exim Bank) signed a loan agreement on behalf of the government of USD 83.11 million to Congo for financing three solar power projects in the central African country.
It aims to provide support for financing three solar photovoltaic power projects with a total capacity of 35 megawatts in the three provinces — Karawa, Mbandaka, and Lusambo.

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