ACME Solar secures Rs 1,100 cr refinancing from SBI for 300 MW project in Rajasthan

Core Insights - ACME Solar Holdings has secured Rs 1,100 crore in domestic funding from the State Bank of India for its 300 MW renewable energy project in Rajasthan [1] - The funding will refinance existing debt, leading to a reduction in financing costs by approximately 100 basis points [1] - The project has been operational for six months and aims to strengthen ACME Solar's financial position and support future capacity growth [1]