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Germany pledges €1.24-bn boost for green partnership

Financial Express Lucknow

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January 13, 2026

INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.

- KRISHNA BAROT

German Federal Chancellor Friedrich Merz, on his maiden visit to the country after taking over, also committed new funding worth €1.24 billion under the flagship bilateral Green and Sustainable Development Partnership (GSDP), supporting priority projects in renewable energies, green hydrogen, PM e-Bus Sewa, and climate-resilient urban infrastructure.

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