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ACME Solar secures a massive ₹3,892 crore loan for a 400 MW renewable energy project in Rajasthan.
ACME Solar Holdings has secured a ₹3,892 crore loan from State Bank of India for a 400 MW renewable energy project in Rajasthan.
This project, which includes solar panels and a Battery Energy Storage System, aims to ensure reliable energy supply and marks SBI's largest financing for ACME.
The project is contracted with NHPC and comes with a 25-year Power Purchase Agreement.
ACME's shares have risen following the announcement.
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ACME Solar obtiene un préstamo masivo de ₹3,892 crore para un proyecto de energía renovable de 400 MW en Rajasthan.