ACME Solar Secures Rs 1,571 Crore Funding from IIFCL for Rajasthan Project
ACME Solar Holdings has secured Rs 1,571 crore in long-term funding from India Infrastructure Finance Company Ltd (IIFCL) for its 300 MW assured peak power project in Rajasthan. This financing, IIFCL's first sole greenfield loan to ACME, has a 19-year repayment tenor. The project, with a total capital expenditure of Rs 2,123 crore, integrates solar and battery energy storage technologies. A 25-year power purchase agreement with Solar Energy Corporation of India is set at Rs 6.28 per unit. The project is progressing with grid connectivity operational and key infrastructure nearing completion.
First-hand measurement across 5 sources
We measured how 5 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (63/100). Lens Score 43/100.
Outlets measured: thefinancialexpress, economictimes, news18, businessstandard, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (52–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 27 Aug, 04:29 am. Other outlets followed.