Mumbai, Aug. 27 -- ACME Solar Holdings (ACME Solar) has secured Rs 1,571 crore long-term project funding from India Infrastructure Finance Company (IIFCL) for the construction and development of ACME Renewtech Sixth 300 MW assured peak power project in Rajasthan. This project financing, secured at a competitive rate of interest, marks IIFCL's first sole greenfield finance to ACME, with IIFCL acting as the sole lender for the project with a repayment tenor of 19 years.

Published by HT Digital Content Services with permission from Capital Market....