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ACME Sun Power Secures Rs 3753 Crore Loan for 320 MW Renewable Energy Project

Last Update 18 November 2024

ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 3,753 crore loan from REC Ltd. for a 320 MW Firm and Dispatchable Renewable Energy (FDRE) Project in Rajasthan and Gujarat. Developed with SJVN, the project will provide round-the-clock power, supporting discoms in meeting Renewable Energy and Storage obligations. It will use Solar and Wind resources in high-potential areas.

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