ACME Solar Secures ₹26 Billion for 450 MW/1,800 MWh FDRE Project

REC will act as the sole lender for the project for 20 years

July 16, 2026

/ Energy Storage, Finance and M&A, Solar

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Gurgaon-based independent power producer ACME Solar Holdings has secured long-term project financing of ₹26.47 billion (~$274.5 million) for its 450 MW/1,800 MWh firm and dispatchable renewable energy (FDRE) project from REC.

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Parth Shukla

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ACME Solar Secures ₹26 Billion for 450 MW/1,800 MWh FDRE Project

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