The U.S. Export Import Bank (Exim) signed an agreement with India's Power Finance Corp (PFC) on Tuesday to provide upto $500 million in for funding power projects using cleaner technologies from the United States. "The parties contemplate that up to $500 million in Exim Bank support may be provided for transactions involving U.S. exports of energy-related technologies, goods and services," said the memorandum of understanding between the two .