ACME Solar Shares Hit Record High After Securing Rs 3,892 Crore SBI Funding For Barmer Project
NDTV Profitยท2025-09-11 04:42
ACME Solar Holdings Ltd. shares hit a record high in early trade Thursday after a subsidiary secured long-term project funding of Rs 3,892 crore from State Bank of India for the development and construction of a 400 MW renewable energy project.The repayment of the SBI loan is spread across 19 years. The project is being developed in Barmer, Rajasthan, by ACME Venus Urja Pvt. and is contracted with government-owned NHPC Ltd. at a tariff of Rs 4.64 per unit, the company said in a stock exchange filing.The pro ...