Piramal Enterprises through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs 700 crore to ACME Solar Holdings Ltd. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Ltd by introducing a new product – a Flexi Line of Credit – for the renewable energy sector. This aims to make a line of funding available to the borrower based on operational projects, with the flexibility to draw/repay during the tenure.
FlashNews:
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Polaris Smart Metering Secures $80 Million BII Financing to Accelerate India’s Smart Meter Rollout
Delhi Airport Unveils Multi‑Lingual Passenger Guide Under #DELCares
POWERGRID Wins Green World Award 2026 for Climate Change Excellence
Reflections for Safer Roads: The Science of Conspicuity
JAKSON Group Unveils Five Energy Solutions, Eyes Over ₹90 Billion Growth for FY2026‑27
Star Air Launches 70 Weekly Flights, Introduces First‑Ever Direct Mundra-Delhi NCR Route
India’s Data Centre Market to Double, Crossing $22 Billion by 2030: Vestian
“RVNL Delivers 17,000 km Rail Projects, Executes ₹2 Trillion Infrastructure:” Railway Board CEO
Qatar Pledges Deeper Energy Ties with India During Puri’s Doha Visit
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
Home » Piramal Finance aid Rs 700 cr to ACME Solar
Piramal Finance aid Rs 700 cr to ACME Solar
Power & New and Renewable Energy
July 7, 2017July 7, 2017
Leave a Reply
You must be logged in to post a comment.