
ACME Solar secures Rs 3,892 cr project funding for 400 MW FDRE project
Published on: Sept. 11, 2025, 10:40 a.m. | Source: The Economic Times
ACME Venus Urja secured Rs 3,892 crore in long-term funding from the State Bank of India for its 400 MW Firm and Dispatchable Renewable Energy project in Rajasthan. The project, contracted with NHPC at Rs 4.64/Unit, involves solar and Battery Energy Storage System. This marks SBI's first financing in ACME's FDRE projects.