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flag ACME Solar expanded its Gujarat wind project by 8 MW, now totaling 52 MW, backed by INR 4,725 crore in financing.

flag ACME Solar has expanded its Gujarat wind project by 8 megawatts, bringing total capacity to 52 megawatts, using SANY 4-megawatt turbines and in-house construction. flag The company secured INR 4,725 crore in long-term financing from Indian institutions, including major loans from Power Finance Corporation, NaBFID, and Yes Bank, supporting new solar-plus-storage projects and refinancing existing ones. flag These deals reduced debt costs by up to 195 basis points and boosted greenfield financing to INR 10,590 crore this fiscal year. flag ACME also expanded credit lines with several banks to lower construction-stage financing costs. flag The company, now operating 2,942 MW of renewables with 4,578 MW under construction and a 15 GWh storage pipeline, appointed a new procurement chief and saw its shares rise on investor confidence.

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