Acme Solar Holdings Limited — Updates, 13-08-2025: Press Release

ACME Solar's subsidiary, ACME Hybrid Urja, secured a substantial INR 3,184 Cr long-term project financing from REC Ltd. This funding is for their 280 MW Firm & Dispatchable Renewable Energy (FDRE) project, which has a 25-year Power Purchase Agreement with NHPC. The project integrates solar and Battery Energy Storage, boosting reliability. This marks REC's third financing for ACME's FDRE initiatives, underscoring strong lender confidence and contributing significantly to India's clean energy transition.