ACME Solar secures ₹4,725 crore funding for renewable energy projects

Contributing sentiments towards policy:

63% : ACME Solar Holdings Ltd is a leading integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions.
61% : Under the New Greenfield Financings, the company has got ₹2,716 crore from Power Finance Corporation Ltd (PFC Ltd) for the 300 MW ACME Sigma FDRE project, a renewable energy initiative equipped with four hours of battery storage.
58% : Both these projects have connectivity in place and are in advanced stages of construction ACME Solar Holdings on Thursday said it has secured ₹4,725 crore financing from leading Indian financial institutions to fund renewable energy projects and optimise its capital structure by reducing financing costs.
57% : According to the statement, the ACME Solar Holdings Ltd (ACME Solar), through its subsidiaries, has secured debt tie-up of ₹4,725 crore from leading Indian financial institutions to fund the renewable energy projects and optimise its capital structure by reducing financing costs.
52% : Also Read Solar project in Rajasthan facing no evacuation constraints, says ACME Will invest over $75 bn in energy transition space in 5 yrs: Gautam Adani Nuvama upgrades Suzlon to 'Buy' as wind outlook improves, capacity ramps up Parliamentary committee asks govt to remove solar power constraints MNRE urges lenders to fund solar cells, wafers and polysilicon units Both these projects have connectivity in place and are in advanced stages of construction.

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