ACME Solar secured ₹1,072 crore project finance facility for its 250 MW operational project in Rajasthan. This 18-year financing, from consortium including Bank of America and Standard Chartered Bank, refinances existing debt, reducing the cost to 8.5% per annum. This strategic move, part of ₹4,575 crore refinanced in 6 months, aims to improve its credit rating and lower finance costs.