Mumbai, Sept. 11 -- ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings has secured long term project funding of Rs 3,892 crore from State Bank of India (SBI) for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project with repayment spread across 19 years. The funding is significant as it represents the company's largest financing from SBI and also, represents SBI's first financing in ACME's FDRE projects.

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