Srei Equipment gets USD 30 million from Netherland bank

158

now viewing

Srei Equipment gets USD 30 million from Netherland bank

June 21, 2019 Anand Gupta

now playing

In the matter of Adoption of tariff by GUVNL for Procurement of Storage under Tariff based Global Competitive Bidding Process (Phase III) to be set up in Gujarat - EQ

June 21, 2019 Anand Gupta

Petition for Adoption of CERC (Procedure, Terms and Conditions for Grant of Transmission Licence and other related matters) Regulations to grant of Transmission Licence - EQ

June 21, 2019 Anand Gupta

CERC_Central Electricity Regulatory Commission_1

now playing

Petition for adoption of the CERC (Procedure, Terms and Conditions for Grant of Transmission Licence and other related matters) Regulations, Transmission System of Transmission Licence - EQ

June 21, 2019 Anand Gupta

now playing

In the Matter of GERC of the PPA of Change in Law - EQ

June 21, 2019 Anand Gupta

now playing

SWELECT Energy to raise Rs 1.38 billion via debenture sales - EQ

June 21, 2019 Anand Gupta

Vivek Srivastava joins Waaree Energies as chief executive officer

now playing

Waaree Energies begins trial production at Texas solar facility, plans $1 billion investment - EQ

June 21, 2019 Anand Gupta

AP-bets-on-renewable-energy-to-meet-goals

now playing

India’s Renewable Energy Sector Attracts Record Investment in 2023 - EQ

June 21, 2019 Anand Gupta

Oil India initiates first physical Green Hydrogen plant

now playing

Ashoka Buildcon to invest Rs 9 000 cr in green hydrogen plant in Bihar - EQ

June 21, 2019 Anand Gupta

VN solar energy sector a magnet for foreign companies, funds

now playing

Maharashtra to meet 50% of energy needs from non-traditional sources by 2030 - EQ

June 21, 2019 Anand Gupta

ACME, Japan’s IHI sign MoU to explore green hydrogen and green ammonia businesses

now playing

Bihar gets record Rs 1.81 lakh cr investment; Adani, Sun Petchem big draws - EQ

June 21, 2019 Anand Gupta

Srei Equipment Finance Ltd on Thursday said it has received credit approval worth USD 30 million from FMO, a Netherlands-based development finance bank.

“The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing or leasing of equipment used for solar and wind projects,” the company said in a release.

Srei Equipment, a wholly-owned subsidiary of Srei Infrastructure Finance Ltd, has an environmental and social management system in place for over a decade, and this debt investment by FMO will further help the company amplify its ongoing efforts towards responsible financing, it said.

The Ministry of New and Renewable Energy (MNRE) has set an ambitious target to install renewable energy capacities to the tune of 225 GW by 2022.