ACME Secures ₹37 Billion Loan from REC for 320 MW FDRE Projects

The projects are located in Jaisalmer, Rajasthan and Bhuj and Jam Khambhaliya in Gujarat

November 18, 2024

/ Arjun Joshi
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and Dispatchable Renewable Energy (FDRE) projects in collaboration with SJVN.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Arjun Joshi

More articles from Arjun Joshi.
acmeFDREFinancingRECSJVN
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS