According to the FMO website, FMO proposes to subscribe to separate 18-year Non-Convertible Debentures issued by FRV India. The objective of FMO's financing is to fund the development and construction of two 50MW solar photovoltaic plants.
FRV Andhra Pradesh Solar Farm - I Private Limited and FRV India Solar Park - II Private Limited (jointly "FRV India"), both companies incorporated in India.
*No project contacts available at the time of disclosure*
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism