ACME Solar secures INR31bn REC financing
ACME Solar Holdings has confirmed the financing of its 280MW hybrid renewable energy project, with state-owned REC Ltd as sole lender.REC will provide INR31.84 billion ($364 million) over an 18-year term to subsidiary ACME Hybrid Urja Pvt Ltd for the Firm and Dispatchable Renewable Energy (FDRE)...