Current Affairs · Agreements and Memorandums
Regarding the German Development Bank's role in backing the Indian Biogas venture in August/September 2025, which of the following statements is/are correct? 1. The German Development Bank (KfW) has provided a 38 million euro loan to CEF Group for the construction of Compressed Biogas (CBG) plants in India. 2. The financial support from the German Development Bank is part of CEF Group's larger plan to establish a total of twenty-two CBG facilities across India. 3. The 38 million euro loan was designated solely for the procurement of imported feedstock and machinery from Germany for these biogas plants.
- 1Only 2
- 2Both 1 and 2✓
- 3Only 3
- 4Both 2 and 3
Correct answer
Both 1 and 2
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