Acme Solar Holdings secures Rs 1,988 cr loan from PFC to develop 300 MW hybrid project

Acme Solar Holdings has secured Rs 1,988 crore funding from Power Finance Corporation. The funding will support a 300 MW hybrid solar-wind project in Rajasthan and Gujarat. The project was awarded by SECI. A power purchase agreement with NTPC is already in place. Additionally, the company secured another 300 MW solar project to begin operations by June 30, 2025.