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ACME Solar secures ₹15,000 crore debt funding for greenfield projects
Puja Das New Delhi
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Renewable energy producer ACME Solar has secured debt-funding of around ₹15,000 crore for its greenfield projects, Group Chief Financial Officer Rajat Singh told Business Standard in an interview.
The company wants to increase capacity to 7 Gw by 2028 through hybrid and renewable projects, including firm and dispatchable renewable energy (FDRE), he said.
The ultimate goal is to achieve 10 Gw by 2030. In the first phase, the plan is to invest between ₹15,000 crore and ₹17,000 crore to increase current operational capacity to 5 Gw by calendar year 2026. The second phase of the growth is under the planning
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