The tie-up is part of an Indo-German Solar Energy Partnership signed in 2015, an official statement on Friday.
Similarly, for one-month and three-month tenors the interest rates have been increased to 8.35 per cent and 8.45 per cent, respectively.
Mumbai: State-run Bank of Baroda has tied up with Germany's KfW Development Bank for funding of USD 113 million to refinance solar projects.
The tie-up is part of an Indo-German Solar Energy Partnership signed in 2015, an official statement on Friday.
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