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ACME Solar secures ₹3,892 cr project funding for 400 MW FDRE project
BusinessLine· 2025-09-11 05:16
ACME Venus Urja, a wholly-owned subsidiary of ACME Solar Holdings, has secured long-term project funding of ₹3,892 crore from the State Bank of India for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.The repayment spread across 19 years, ACME Solar Holdings said in a statement on Thursday.The FDRE project is being developed in Barmer, Rajasthan and is contracted with NHPC at a tariff of ₹4.64/Unit.The project would entail installing solar and Battery Ener ...