16-July-2026
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ACME Solar secures Rs 2,646 crore funding from REC for 450 MW peak power project
16-Jul-2026

ACME Solar Holdings has secured long-term project funding of Rs 2,646.64 crore from REC for its 450 MW/1,800 MWh Assured Peak Power Project being developed through its subsidiary, ACME Greentech Seventh. The company said it will use the funds to develop and construct the renewable energy project. REC will act as the sole lender for the project, with the financing extending over a period of 20 years.

News Source:- https://www.financialexpress.com/business/industry-acme-solar-secures-rs-2646-crore-funding-from-rec-for-450-mw-peak-power-project-4293246/