ACME Solar in talks to raise debt of Rs 4,000 cr

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ACME Solar is in advanced discussions with lenders, including REC, PFC, State Bank of India and banks from the Middle East, to secure debt amounting to ₹4,000 crore to fund the green ammonia and green hydrogen projects in Tamil Nadu, India and Oman.

According to two sources familiar with the matter, the discussions have reached an advanced stage, and the loan is expected to be sanctioned soon.

“Lend ..

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https://economictimes.indiatimes.com/industry/renewables/acme-solar-in-talks-to-raise-debt-of-rs-4000-cr/articleshow/101201211.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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