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Germany offers India 2 billion euros for solar energy

Germany offers India 2 billion euros for solar energy

PM Narendra Modi has made ambitious renewable energy targets a key part of his development agenda and climate change mitigation commitments ahead of a landmark international summit in Paris at the end of this year.

"I admire German leadership in clean energy and commitment to combating climate change," PM Narendra Modi told journalists after meeting Merkel, who was on a three-day visit to India. "I admire German leadership in clean energy and commitment to combating climate change," PM Narendra Modi told journalists after meeting Merkel, who was on a three-day visit to India.

Germany will provide India more than 2 billion euros ($2.25 billion) for developing a clean energy corridor and solar projects, Prime Minister Narendra Modi said on Monday after talks with Chancellor Angela Merkel .

Modi has made ambitious renewable energy targets a key part of his development agenda and climate change mitigation commitments ahead of a landmark international summit in Paris at the end of this year.

"I admire German leadership in clean energy and commitment to combating climate change," Modi told journalists after meeting Merkel, who was on a three-day visit to India.

($1 = 0.8873 euros)

(Reuters)

Published on: Oct 05, 2015, 3:39 PM IST
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