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India gives $75 million LoC to Cuba for solar parks

solar parks

India has extended a line of credit (LoC) of USD 75 million (over Rs 500 crore) to finance solar parks in CubaThe line of credit is as per agreement signed between Export-Import Bank of India (Exim Bank) and Banco Exterior De Cuba for installation of 75 MW Photovoltaic Solar Parks in the Republic of Cuba. Banco Exterior De Cuba is a nominated agency of the Government of Cuba.