Days after listing, ACME Sun Power secures Rs 3,753 cr loan for projects in Rajasthan, Gujarat

 17 Nov 2024 02:26 PM

ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a significant loan of Rs 3,753 crore from REC Limited. The funding will be used to develop and construct 320 MW of green energy projects in Rajasthan and Gujarat. These projects, in collaboration with SJVN, have secured PPAs and grid connectivity, signifying a step towards India's renewable energy goals.