German development bank, KfW, and Bank of Baroda have announced that they would extend funding of $113 million to refinance solar power projects in India under the Solar Partnership II – Promotion of Solar PV in India. This proposal constitutes part of the overarching Indo-German Solar Energy Partnership (IGEN), Bank of Baroda said in a statement on Friday. Under an inter-governmental MoU in 2015, Germany has committed to providing financing support through KfW Development Bank for solar photovoltaic investments.