ACME Solar Secures ₹24.91 Billion Refinancing to Cut Debt Costs

The funds will be used to reduce the cost of debt

April 3, 2025

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC at a reduced weighted average interest rate of 8.8%.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS