Current Affairs - Finance - Discussion

India provided a $2.5 million line of credit to Guyana for the installation of a solar photovoltaic power plant at Cheddi Jagan International Airport. The agreement, facilitated by the Export-Import Bank of India, stipulates that at least 75% of the project's contract value will be sourced from Indian suppliers. This initiative underscores India's commitment to promoting renewable energy infrastructure in partner countries, enhancing energy security, and fostering bilateral relations through strategic investments in sustainable development projects.