ACME Venus Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has secured long-term project funding of ₹3,892 crore from State Bank of India (SBI) for developing a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project. The funding comes with a 19-year repayment period. The project represents SBI’s largest financing commitment to ACME Solar and marks the bank’s first investment in the company’s FDRE projects. The facility will be developed in Barmer, Rajasthan, and operate ...