ACME Solar secures ₹1,571 crore funding for 300 MW project

ACME Solar secured ₹1,571 crore from IIFCL for a 300 MW assured peak power project in Rajasthan. The project involves ₹2,123 crore capex and will include 1,350 MWh battery storage. It has a 25-year PPA with SECI at ₹6.28/unit, taking the company's total financing secured this fiscal to ₹10,976 crore.