ACME Solar secures Rs 2,647 crore REC funding for peak power project
Published on: July 17, 2026, 12:24 a.m. | Source: The Economic Times
ACME Solar Holdings secured significant project financing for a new renewable energy initiative. The company received ₹2,646.6 crore from REC for a 450 MW solar and storage project. This innovative project combines solar generation with battery storage for reliable power delivery. Electricity will be supplied to SJVN under a long-term power purchase agreement. The financing will support the development and construction of this crucial energy infrastructure.
