India 's Srei Equipment Finance , a subsidiary of Srei Infrastructure Ltd , has become the latest renewable energy firm to receive funding from Dutch development bank FMO . The funding was expected to be used to develop a portfolio of 2.4 GW capacity of renewable energy projects. It has granted $ 30 m in credit for the Equipment Finance to refinance its operations . Avaada ##t and Tata Cleantech have also benefited from this funding this year .
India 's Srei Equipment Finance , a subsidiary of Srei Infrastructure Ltd , has become the latest renewable energy firm to receive funding from Dutch development bank FMO . It has granted $ 30 m in credit for the Equipment Finance to refinance its operations . Avaada ##t and Tata Cleantech have also benefited from this funding this year .