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ACME Solar raises Rs 1,571 crore for 300 MW Rajasthan power project
ACME Solar Holdings announced ₹1,571 crore project funding from IIFCL. This financing will develop ACME Renewtech Sixth's 300 MW assured peak power project. The company has now secured ₹10,976 crore in financing this fiscal year. The project's power purchase agreement is with Solar Energy Corporation of India. This agreement is for twenty-five years at a tariff of ₹6.28 per unit.
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renewablesnow.com
India's ACME wins 300 MW in SECI's renewables, storage power tender
Indian renewables developer ACME Solar Holdings (BOM:544283) has won 300 MW of contracted capacity in a tender by state-run Solar Energy Corporation of India (SECI) where the aim…
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economictimes.indiatimes.com
ACME Solar raises Rs 1,571 cr project funding from IIFCL
ACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole greenfield finance to ACME, with a 19-year…
