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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
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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.

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Arjun Joshi

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