ACME Solar secures Rs 3,892 cr project funding for 400 MW FDRE project

ACME Venus Urja, a wholly-owned subsidiary of ACME Solar Holdings, has secured long-term project funding of Rs 3,892 crore from the State Bank of India for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.

The repayment spread across 19 years, ACME Solar Holdings said in a statement on Thursday.

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