ACME Sun Power secures a Rs 3,753 crore loan for a 320 MW renewable energy project in India.

ACME Sun Power, a subsidiary of ACME Solar Holdings, has received a Rs 3,753 crore loan from state-owned REC Limited to develop a 320 MW renewable energy project in Rajasthan and Gujarat. The project, in collaboration with SJVN, includes locations in Jaisalmer, Bhuj, and Jam Khambhaliya. ACME has secured a Power Purchase Agreement and grid connectivity, marking a significant step in India's green energy transition.

November 17, 2024
10 Articles