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ACME Secures ₹10.72 Billion Refinancing for 250 MW Rajasthan Solar Project

The refinancing targets lowering the company’s financing cost to 8.5%

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Gurgaon-based ACME Solar Holdings has secured a domestic project finance facility totaling ₹10.72 billion (~$128.38 million) for its wholly-owned subsidiary, ACME Aklera Power Technology. This facility will be used to refinance the debt associated with the company’s 250 MW operational solar project in Rajasthan.

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