ACME Solar raises Rs 1,571 crore for 300 MW Rajasthan power project

ACME Solar Holdings announced ₹1,571 crore project funding from IIFCL. This financing will develop ACME Renewtech Sixth’s 300 MW assured peak power project. The company has now secured ₹10,976 crore in financing this fiscal year. The project’s power purchase agreement is with Solar Energy Corporation of India. This agreement is for twenty-five years at a tariff of ₹6.28 per unit.
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