30-July-2026
Markets and Finance
 
ACME Solar gets Rs 3,405 crore funding from PFC for renewable energy project
29-Jul-2026

ACME Solar Holdings has secured long-term project financing of Rs 3,404.57 crore from Power Finance Corporation (PFC) for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project. The FDRE project is being developed through its subsidiary, ACME Urja One (Phase III). Power Finance Corporation will act as the sole lender for the project. The loan has a repayment tenure of 19 years and will be used for the development and construction of the project. With this funding, ACME Solar has raised a total of Rs 6,051 crore in project financing during the current financial year.

News Source:- https://www.financialexpress.com/business/industry-acme-solar-gets-rs-3405-crore-funding-from-pfc-for-renewable-energy-project-4305220/
 
 
 

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