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The Economic Times

Economy / The Economic Times

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ACME Solar secures Rs 3,405 crore PFC funding for 250-MW renewable project

ACME Solar secured financing from Power Finance Corporation for its renewable energy project. This funding will support the development and construction of the ACME Urja One project. The project combines solar, wind, and battery storage technologies for reliable power supply. It is expected to be commissioned next year and has a 25-year power purchase agreement. This financing brings ACME Solar's total funding raised this fiscal year to Rs 6,051 crore.

29 Jul 2026 11:14 am